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CHEVRON CORP — Director's Dealing 2025
Feb 5, 2025
29758_dirs_2025-02-04_e96c5554-2545-47f8-bbc2-7e282f8f81af.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2025-01-31
Reporting Person: Wirth Michael K (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | Common Stock | M | 41893 | — | Acquired | 46218 | Direct |
| 2025-01-31 | Common Stock | D | 41893 | $149.19 | Disposed | 4325 | Direct |
| 2025-01-31 | Common Stock | M | 7824 | — | Acquired | 12149 | Direct |
| 2025-01-31 | Common Stock | F | 3613 | $149.19 | Disposed | 8536 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-31 | Restricted Stock Units | $0 | M | 41893 | Disposed | Common Stock (41893) | Direct | |
| 2025-01-31 | Restricted Stock Units | $0 | M | 7824 | Disposed | Common Stock (7824) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 17870 | Indirect |
| Common Stock | 17784 | Indirect |
Footnotes
F1: Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
F2: The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
F3: This number includes dividend equivalents (4,551 shares).
F4: 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.
F5: 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.