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Chevron (CVX) CTO Booth details RSU vesting, tax sales and family trust trade

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chevron Corporation officer Thomas Ryder Booth, Chief Technology & Engineering Officer, reported multiple equity transactions. On February 10, 2026, he acquired 714 and 748 shares of Chevron common stock through the vesting and exercise of restricted stock units at an exercise price of $0 per share.

To cover tax obligations related to these awards, 158 and 183 shares of common stock were withheld and disposed of at $182.26 per share. After these transactions, he directly held 1,598 Chevron shares, plus 771 and 1,499 restricted stock units.

On February 11, 2026, a Booth Family Trust associated with him sold 5 Chevron shares in an open-market transaction at $184.77 per share, leaving no shares held by that trust. He also had an indirect holding of 3,175 shares through a 401(k) plan.

Positive

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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).
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)
02/10/2026
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 02/10/2026 M 714 A $0(1) 1,191(2) D
Common Stock 02/10/2026 F 158 D $182.26 1,033 D
Common Stock 02/10/2026 M 748 A $0(1) 1,781 D
Common Stock 02/10/2026 F 183 D $182.26 1,598 D
Common Stock 02/11/2026 S 5 D $184.77 0 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 (1) 02/10/2026 M 714 (3) (3) Common Stock 714 (1) 771(2) D
Restricted Stock Units (1) 02/10/2026 M 748(4) (5) (5) Common Stock 748(4) (1) 1,499 D
Explanation of Responses:
1. Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
2. This number includes rounding of fractional shares.
3. Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. 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 settle in shares of Chevron common stock on the date of vesting.
4. This number includes dividend equivalents (74 shares).
5. Restricted stock units granted on February 4, 2025, under the Chevron Corporation 2022 Long-Term Incentive Plan. 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 settle in shares of Chevron common stock on the date of vesting.
/s/ Christine L. Cavallo, Attorney-in-Fact for Thomas Ryder Booth 02/12/2026
** 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 RSU-based share acquisitions and small share dispositions. On February 10, 2026, restricted stock units vested into Chevron common shares with some shares withheld for taxes, followed by a 5-share open-market sale by a Booth Family Trust on February 11, 2026.

How many Chevron (CVX) shares did Booth acquire from restricted stock units?

Booth acquired 714 and 748 Chevron common shares from restricted stock units on February 10, 2026. These came from vesting awards under the Chevron Corporation 2022 Long-Term Incentive Plan, where each restricted stock unit is the economic equivalent of one share of Chevron common stock.

At what prices were Chevron (CVX) shares disposed of in Booth’s Form 4?

Shares related to tax withholding were disposed of at $182.26 per share on February 10, 2026. Separately, a Booth Family Trust sold 5 Chevron shares in an open-market transaction at $184.77 per share on February 11, 2026, as disclosed in the filing data.

What are Booth’s Chevron (CVX) share and RSU holdings after these transactions?

After the reported transactions, Booth directly held 1,598 Chevron common shares, plus 771 and 1,499 restricted stock units. He also indirectly held 3,175 Chevron shares through a 401(k) plan, while the Booth Family Trust reported holding zero shares following its 5-share sale.

What is the role of dividend equivalents in Booth’s Chevron (CVX) RSU awards?

Booth’s restricted stock units accrue dividend equivalents, which are added as additional restricted stock units. Footnotes explain that certain RSU totals include extra units from dividend equivalents, such as 74 shares, and these RSUs settle in Chevron common stock on vesting dates.

Over what schedule do Booth’s Chevron (CVX) restricted stock units vest?

One RSU grant vested in thirds on February 10, 2025 and 2026, with the final third scheduled for February 10, 2027. Another grant vests in thirds on February 10, 2026, 2027, and 2028. Each vested portion settles in Chevron common stock on its vesting date.
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