Chevron (CVX) holder plans sale of 550,000 shares under Rule 144

Chevron Corporation (CVX) has a shareholder-affiliated trust filing a notice to sell up to 550,000 shares of Chevron common stock under Rule 144.

Accepted by SEC EDGAR 11/20/2025 - 05:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Chevron Corporation (CVX) has a shareholder-affiliated trust filing a notice to sell up to 550,000 shares of Chevron common stock under Rule 144. The planned NYSE sales through J.P. Morgan Securities LLC correspond to an aggregate market value of $83,435,000, compared with 2,013,521,597 Chevron shares outstanding. The filer acquired these shares in June 1999 via a distribution from a trust related to the estate of Leon Hess. Over the past three months, the same trust sold 375,000 Chevron shares for gross proceeds of $59,363,552.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002063457
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Chevron Corporation
SEC File Number	001-00368
Address of Issuer	1400 Smith Street Houston TEXAS 77002
Phone	832-854-1000
Name of Person for Whose Account the Securities are To Be Sold	JBH Investment Trust
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	See Remarks

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	550000	83435000	2013521597	11/20/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/15/1999	Distribution from Trust	Bequest by the Estate of Leon Hess which acquired the shares on May 7, 1999			550000	11/20/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JBH Investment Trust C/o Chevron Corporation 1400 Smith Street Houston TX 77002	Common Stock	08/22/2025	375000	59363552

144: Remarks and Signature

Remarks	The securities to be sold are held by a family trust of which John B. Hess, a director of Chevron Corporation, is a beneficiary and that is included with Mr. Hess as the person for whose account securities are to be sold. In connection with a previously announced merger agreement, effective as of July 18, 2025 each issued and outstanding share of Hess Corporation common stock, par value $1.00 per share, was converted automatically into 1.025 shares of Chevron Corporation common stock.
Date of Notice	11/20/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for JBH Investment Trust
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)