CHEVRON CORP — Director's Dealing 2026

Feb 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2026-01-31

Reporting Person: NELSON MARK A (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-31	Common Stock	M	13347	—	Acquired	18861	Direct
2026-01-31	Common Stock	D	13347	$176.90	Disposed	5514	Direct
2026-01-31	Common Stock	M	2912	—	Acquired	8426	Direct
2026-01-31	Common Stock	F	1265	$176.90	Disposed	7161	Direct
2026-02-02	Common Stock	M	18100	$117.24	Acquired	25261	Direct
2026-02-02	Common Stock	S	18100	$174.2806	Disposed	7161	Direct
2026-02-02	Common Stock	M	27700	$125.35	Acquired	34861	Direct
2026-02-02	Common Stock	S	27700	$174.0926	Disposed	7161	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-31	Restricted Stock Units	$	M	13347	Disposed		Common Stock (13347)	Direct
2026-01-31	Restricted Stock Units	$	M	2912	Disposed		Common Stock (2912)	Direct
2026-02-01	Restricted Stock Units	$0	A	24120	Acquired		Common Stock (24120)	Direct
2026-02-02	Non-Qualified Stock Option (Right to Buy)	$117.24	M	18100	Disposed	2027-01-25	Common Stock (18100)	Direct
2026-02-02	Non-Qualified Stock Option (Right to Buy)	$125.35	M	27700	Disposed	2028-01-31	Common Stock (27700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18890	Indirect

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $174.22 to $174.40. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided.

F3: This transaction was executed in multiple trades at prices ranging from $173.88 to $174.30. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided.

F4: Between December 18, 2025 and February 2, 2026, the reporting person acquired 18 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan.

F5: This number includes dividend equivalents (1,583 shares).

F6: 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, 2026.

F7: This number includes dividend equivalents (127 shares).

F8: 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, January 31, 2025 and January 31, 2026, respectively and settled 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.

F9: Restricted stock units granted 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 this award will vest on February 1, 2027, February 1, 2028 and February 1, 2029, respectively, and will 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.

F10: Option granted 1/25/2017. One-third of the shares subject to the option vested on January 31, 2018, January 31, 2019 and January 31, 2020, respectively.

F11: Option granted 1/31/2018. One-third of the shares subject to the option vested on January 31, 2019, January 31, 2020 and January 31, 2021, respectively.