[Form 4] CHEVRON CORP Insider Trading Activity

Rhea-AI Filing Summary

Chevron Corporation’s Chief Technology & Engineering Officer Thomas Ryder Booth reported routine equity award activity. On December 17, 2025, restricted stock units converted into Chevron common stock in three small transactions of 24, 41, and 57 shares at a conversion price of $0 per share. In separate transactions the same day, 24, 41, and 57 shares of common stock were withheld at $149.52 per share to cover tax obligations under the award terms, leaving 6 directly held common shares.

Booth also reports indirect ownership of 5 shares via the Booth Family Trust and 3,175 shares via a 401(k) plan. After these transactions, he continues to hold derivative interests through restricted stock units, including 2,941, 2,552, and 1,486 units from awards granted in 2021, 2022, and 2024, which accrue dividend equivalents and vest between January 31, 2026 and February 10, 2027.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Booth Thomas Ryder

(Last) (First) (Middle)

1400 SMITH STREET

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology & Eng Ofr

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/17/2025		M		24	A	$0	30	D
Common Stock	12/17/2025		F(1)		24	D	$149.52	6	D
Common Stock	12/17/2025		M		41	A	$0	47	D
Common Stock	12/17/2025		F(1)		41	D	$149.52	6	D
Common Stock	12/17/2025		M		57	A	$0	63	D
Common Stock	12/17/2025		F(1)		57	D	$149.52	6	D
Common Stock								5	I	By Booth Family Trust
Common Stock								3,175	I	By 401(k) plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	12/17/2025		M			24	(2)	(2)	Common Stock	24	$0	2,941(3)	D
Restricted Stock Units	(4)	12/17/2025		M			41	(4)	(4)	Common Stock	41	$0	2,552(5)	D
Restricted Stock Units	(6)	12/17/2025		M			57	(6)	(6)	Common Stock	57	$0	1,486(7)	D

Explanation of Responses:

1. Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.

2. Restricted stock units granted on January 27, 2021 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, 2026.

3. This number includes dividend equivalents (98 shares).

4. 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.

5. This number includes dividend equivalents (86 shares).

6. 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 one-third of the shares subject to the award will vest on February 10, 2026 and February 10, 2027, respectively, and will settle in shares of Chevron common stock on the date of vesting.

7. This number includes dividend equivalents (51 shares).

	/s/ Rose Z. Pierson, Attorney-in-Fact for Thomas Ryder Booth	12/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Chevron (CVX) disclose for Thomas Ryder Booth?

The filing reports that Thomas Ryder Booth, Chevron’s Chief Technology & Engineering Officer, had restricted stock units convert into common stock on December 17, 2025, with corresponding share withholding to satisfy tax obligations.

How many Chevron (CVX) shares vested for Thomas Ryder Booth on December 17, 2025?

Restricted stock units converted into Chevron common stock in three transactions of 24, 41, and 57 shares, each at a conversion price of $0 per share.

At what price were Chevron (CVX) shares withheld to cover taxes for Thomas Ryder Booth?

Shares of Chevron common stock were withheld to cover required tax obligations at a price of $149.52 per share in transactions coded F.

How many Chevron (CVX) common shares does Thomas Ryder Booth hold directly after these transactions?

Following the reported transactions, Thomas Ryder Booth directly owns 6 shares of Chevron common stock, in addition to indirect holdings.

What indirect Chevron (CVX) holdings does Thomas Ryder Booth report?

He reports indirect ownership of 5 Chevron common shares through the Booth Family Trust and 3,175 shares through a 401(k) plan.

What restricted stock unit awards does Thomas Ryder Booth still hold in Chevron (CVX)?

After the transactions, he holds 2,941, 2,552, and 1,486 restricted stock units from grants made in 2021, 2022, and 2024, which accrue dividend equivalents and vest between January 31, 2026 and February 10, 2027.