Chevron (NYSE: CVX) controller sells shares under 10b5-1 plan

Rhea-AI Filing Summary

Chevron Corp officer Alana K. Knowles, the Controller, reported exercising 3,200 non-qualified stock options at an exercise price of $132.69 per share on January 14, 2026. Those options converted into 3,200 shares of Chevron common stock and were then sold the same day at $168 per share under a Rule 10b5-1 trading plan adopted on February 21, 2025.

After these transactions, Knowles directly held 1,207 shares of Chevron common stock and 6,400 non-qualified stock options. She also beneficially owned 12,944 shares indirectly through a 401(k) plan, reflecting ongoing accumulation in the Chevron Employee Savings Investment 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

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)
01/14/2026

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	01/14/2026		M(1)		3,200	A	$132.69	4,407	D
Common Stock	01/14/2026		S(1)		3,200	D	$168	1,207	D
Common Stock								12,944(2)	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)	$132.69	01/14/2026		M			3,200	(3)	01/26/2032	Common Stock	3,200	$0	6,400	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. Between January 06, 2026 and January 14, 2026, the reporting person acquired 20 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

3. 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.

	/s/ Rose Z. Pierson, Attorney-in-Fact for Alana K. Knowles	01/15/2026
	** 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?

Alana K. Knowles, Chevron's Controller, reported exercising 3,200 non-qualified stock options at $132.69 per share and selling 3,200 shares of common stock at $168 per share on January 14, 2026.

Were Chevron (CVX) shares sold under a Rule 10b5-1 trading plan?

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

How many Chevron (CVX) shares does Alana K. Knowles hold after this Form 4?

After the reported transactions, Knowles directly held 1,207 shares of Chevron common stock and indirectly held 12,944 shares through a 401(k) plan.

What Chevron (CVX) stock options does Alana K. Knowles still own?

Following the exercise of 3,200 options, Knowles held 6,400 non-qualified stock options with an expiration date of January 26, 2032, tied to Chevron common stock.

When were the Chevron (CVX) options granted and how did they vest?

The non-qualified stock option was granted on January 26, 2022. According to the filing, one-third of the shares subject to the option vested on January 31, 2023, January 31, 2024, and January 31, 2025, respectively.

Did Alana K. Knowles acquire Chevron (CVX) shares through an employee plan?

Yes. Between January 6, 2026 and January 14, 2026, she acquired 20 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.