Chevron (CVX) controller details stock, option and unit holdings

Rhea-AI Filing Summary

Chevron Corporation controller Amit R. Ghai filed an initial ownership report detailing his existing equity interests in Chevron common stock and equity-based awards. The filing lists multiple non-qualified stock option grants, several tranches of restricted stock units that vest over future dates, phantom stock units under an excess benefit plan, and common stock held both directly and through a 401(k) plan, without reporting any new purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Ghai Amit R.

(Last) (First) (Middle)

1400 SMITH STREET

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2026

3. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Controller

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,701	D
Common Stock	432(1)	I	By 401(k) plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)	(2)	01/30/2029	Common Stock	3,600	$113.01	D
Non-Qualified Stock Option (Right to Buy)	(3)	01/29/2030	Common Stock	4,500	$110.37	D
Non-Qualified Stock Option (Right to Buy)	(4)	01/27/2031	Common Stock	8,000	$88.2	D
Non-Qualified Stock Option (Right to Buy)	(5)	01/26/2032	Common Stock	4,300	$132.69	D
Non-Qualified Stock Option (Right to Buy)	(6)	01/25/2033	Common Stock	2,300	$179.08	D
Non-Qualified Stock Option (Right to Buy)	(7)	02/06/2034	Common Stock	2,800	$152.35	D
Non-Qualified Stock Option (Right to Buy)	(8)	02/04/2035	Common Stock	2,900	$153.22	D
Restricted Stock Units	(9)	(9)	Common Stock	868	(9)	D
Restricted Stock Units	(10)	(10)	Common Stock	258	(10)	D
Restricted Stock Units	(11)	(11)	Common Stock	501	(11)	D
Restricted Stock Units	(12)	(12)	Common Stock	2,060	(12)	D
Phantom Stock Units	(13)	(13)	Common Stock	306	(13)	I	Excess Benefit Plan

Explanation of Responses:

1. This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Corporation Employee Savings and Investment Plan, a 401(k) plan.

2. Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.

3. Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively.

4. Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, January 31, 2023 and January 31, 2024, respectively.

5. Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024 and January 31, 2025, respectively.

6. Option granted 1/25/2023. One-third of the shares subject to the option vested on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.

7. Option granted 2/6/2024. One-third of the shares subject to the option vested on February 10, 2025 and February 10, 2026, respectively, and one-third of the shares will vest on February 10, 2027.

8. Option granted 2/4/2025. One-third of the shares subject to the option vested on February 10, 2026, and one-third of the shares will vest on February 10, 2027 and February 10, 2028, respectively.

9. Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2027.

10. Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. 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 February 10, 2025 and February 10, 2026, respectively, and one-third of the shares subject to the award will vest on February 10, 2027 and will settle in shares of Chevron common stock on the date of vesting.

11. Restricted stock units granted on February 4, 2025 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. 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 February 10, 2026, and one-third of the shares subject to the award will vest on February 10, 2027 and February 10, 2028, respectively, and will settle in shares of Chevron common stock on the date of vesting.

12. Restricted stock units granted on February 1, 2026 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the 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.

13. Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Rose Z. Pierson, Attorney-in-Fact for Amit R. Ghai	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the Amit R. Ghai Form 3 filing for Chevron (CVX) show?

The Form 3 shows Amit R. Ghai’s existing ownership in Chevron equity. It lists non-qualified stock options, restricted stock units, phantom stock units, and common shares, including holdings through a 401(k) plan, without reporting any new buy or sell transactions.

Which types of Chevron (CVX) equity awards does Amit R. Ghai report?

Amit R. Ghai reports non-qualified stock options, several grants of restricted stock units under Chevron’s long-term incentive plans, and phantom stock units issued under an excess benefit plan, along with directly and indirectly held shares of Chevron common stock.

Are there any buy or sell transactions in this Chevron (CVX) Form 3?

No, the Form 3 records only holdings, not transactions. All entries are coded as holdings with an unknown transaction code, and the summary shows zero buy or sell shares, reflecting an initial statement of beneficial ownership.

How are Amit R. Ghai’s Chevron (CVX) 401(k) shares described?

A footnote explains that certain Chevron common stock is held under the Chevron Corporation Employee Savings and Investment Plan, a 401(k) plan. These shares are reported as indirectly owned, reflecting retirement-plan ownership rather than direct share certificates.

When do Amit R. Ghai’s Chevron (CVX) restricted stock units vest?

The footnotes detail staggered vesting schedules. Various restricted stock unit grants vest in one-third installments on dates such as January 31 and February 10 or February 1 across years from 2026 through 2029, with settlement in cash or shares as specified.

What are the Chevron (CVX) phantom stock units reported by Amit R. Ghai?

Each phantom stock unit is the economic equivalent of one Chevron common share. Issued under the Chevron ESIP-RP, these units are payable in cash upon Amit R. Ghai’s retirement or other termination of service, rather than settling in actual shares.