Chevron (NYSE: CVX) tech chief exercises options and sells common stock

Rhea-AI Filing Summary

Chevron Corp officer Thomas Ryder Booth reported exercising stock options and selling shares. On February 12, 2026, he exercised a non-qualified stock option for 10,600 shares of common stock at an exercise price of $110.37 per share. That same day, he sold 10,600 shares at $184.39 per share and 476 shares at $184.54 per share in open-market transactions. On February 13, 2026, he sold an additional 1,122 shares at a weighted-average price of $182.3654 per share, with individual trades between $182.36 and $182.38. Following these direct transactions, he reported 0 directly owned common shares, plus 3,175 shares held indirectly through a 401(k) plan.

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

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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)
02/12/2026

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	02/12/2026		M		10,600	A	$110.37	12,198	D
Common Stock	02/12/2026		S		10,600	D	$184.39	1,598	D
Common Stock	02/12/2026		S		476	D	$184.54	1,122	D
Common Stock	02/13/2026		S		1,122	D	$182.3654(1)	0	D
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
Non-Qualified Stock Option (Right to Buy)	$110.37	02/12/2026		M			10,600	(2)	01/29/2030	Common Stock	10,600	$0	0	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $182.36 to $182.38. 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.

2. 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.

	/s/ Rose Z. Pierson, Attorney-in-Fact for Thomas Ryder Booth	02/17/2026
	** 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 transactions did Chevron (CVX) officer Thomas Ryder Booth report?

Thomas Ryder Booth reported exercising a non-qualified stock option for 10,600 Chevron common shares and selling 10,600, 476, and 1,122 shares in separate open-market transactions on February 12 and 13, 2026, at reported prices above the option’s exercise price.

At what prices did Thomas Ryder Booth sell Chevron (CVX) shares?

Booth sold 10,600 Chevron shares at $184.39, 476 shares at $184.54, and 1,122 shares at a weighted-average price of $182.3654. The last trade range was $182.36 to $182.38, with full breakdowns available upon request to the parties identified.

How many Chevron (CVX) shares did Thomas Ryder Booth own after these transactions?

After the reported transactions, Booth showed 0 Chevron common shares held directly. He also reported 3,175 Chevron shares held indirectly through a 401(k) plan, reflecting retirement-plan holdings separate from his direct ownership stake in the company’s stock.

What stock option did Thomas Ryder Booth exercise at Chevron (CVX)?

He exercised a non-qualified stock option covering 10,600 Chevron common shares at an exercise price of $110.37 per share. The option was granted on January 29, 2020, with vesting in three equal tranches on January 31 of 2021, 2022, and 2023.

What role does Thomas Ryder Booth hold at Chevron (CVX)?

Booth is identified as an officer of Chevron with the title Chief Technology & Engineering Officer. His status as an executive officer makes his equity transactions in Chevron stock subject to public reporting requirements under Section 16 of the Securities Exchange Act.

How is the February 13, 2026 Chevron (CVX) sale price for Booth calculated?

The February 13, 2026 sale of 1,122 Chevron shares used a weighted-average price of $182.3654. The shares were sold in multiple trades between $182.36 and $182.38, and detailed trade-by-trade information is available upon request to the parties identified.