Chevron (CVX) Controller exercises 7,956 options and sells shares under 10b5-1 plan

Rhea-AI Filing Summary

Chevron Corp officer Alana K. Knowles, the company’s Controller, reported an option exercise and share sale. On January 5, 2026 she exercised 7,956 non-qualified stock options for Chevron common stock at an exercise price of $88.20 per share, receiving an equal number of shares. That same day, she sold 7,956 shares of common stock at an average price of $165.05 per share under a Rule 10b5-1 trading plan adopted on February 21, 2025. Following these transactions, she directly held 1,207 Chevron shares, and also had 12,924 shares held indirectly through a 401(k) plan.

Insider Trade Summary

Net Seller: 7,956 shares ($1,313,138)

Net Sell 4 txns

Insider Knowles Alana K

Role Controller

Sold 7,956 shs ($1.31M)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (Right to Buy)	7,956	$0.00	--
Exercise	Common Stock	7,956	$88.20	$702K
Sale	Common Stock	7,956	$165.05	$1.31M
holding	Common Stock	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 9,163 shares (Direct); Common Stock — 12,924 shares (Indirect, By 401(k) plan)

Footnotes (1)

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2025. 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.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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

X

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^*

Knowles Alana K

(Last) (First) (Middle)

5001 EXECUTIVE PARKWAY

SUITE 200

(Street)

SAN RAMON CA 94583

(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)
	Controller

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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	01/05/2026		M(1)		7,956	A	$88.2	9,163	D
Common Stock	01/05/2026		S(1)		7,956	D	$165.05	1,207	D
Common Stock								12,924	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)	$88.2	01/05/2026		M			7,956	(2)	01/27/2031	Common Stock	7,956	$0	0	D

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2025.

2. 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.

	/s/ Rose Z. Pierson, Attorney-in-Fact for Alana K. Knowles	01/07/2026
	** 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 transaction did Chevron (CVX) report for Alana K. Knowles?

Chevron’s Controller, Alana K. Knowles, reported exercising 7,956 non-qualified stock options for common stock and selling 7,956 shares of Chevron common stock on January 5, 2026.

At what prices did Alana K. Knowles exercise and sell Chevron (CVX) shares?

She exercised options at an exercise price of $88.20 per share and sold 7,956 shares of Chevron common stock at an average price of $165.05 per share.

Was the Chevron (CVX) insider sale by Alana K. Knowles under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Alana K. Knowles on February 21, 2025.

How many Chevron (CVX) shares does Alana K. Knowles own after the reported transactions?

After the transactions, she directly owned 1,207 shares of Chevron common stock and indirectly held 12,924 shares through a 401(k) plan.

What happened to the stock options reported by Alana K. Knowles at Chevron (CVX)?

The Form 4 shows a non-qualified stock option for 7,956 shares with an exercise price of $88.20 was exercised on January 5, 2026, leaving 0 derivative securities of that grant beneficially owned.

When were the Chevron (CVX) stock options granted and how did they vest for Alana K. Knowles?

A footnote explains the option was granted on January 27, 2021, with one-third of the shares vesting on January 31, 2022, January 31, 2023, and January 31, 2024, respectively.