CHEVRON CORP — Director's Dealing 2025

Feb 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2025-01-31

Reporting Person: GUSTAVSON JEFF B (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Common Stock	M	2382	—	Acquired	2874	Direct
2025-01-31	Common Stock	D	2382	$149.19	Disposed	492	Direct
2025-01-31	Common Stock	M	802	—	Acquired	1294	Direct
2025-01-31	Common Stock	F	237	$149.19	Disposed	1057	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-31	Restricted Stock Units	$	M	2382	Disposed		Common Stock (2382)	Direct
2025-01-31	Restricted Stock Units	$	M	802	Disposed		Common Stock (802)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3	Indirect

Footnotes

F1: Each restricted stock unit is the economic equivalent of one share of Chevron common stock.

F2: Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2025.

F3: Restricted stock units granted on January 25, 2023 under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on January 31, 2024 and January 31, 2025, and one-third of the shares subject to the award will vest on January 31, 2026, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

F4: This number includes dividend equivalents (66 shares.)