Chevron (CVX) CFO Eimear P. Bonner logs 28,334-share option exercise and sale

Rhea-AI Filing Summary

Chevron Corporation’s Chief Financial Officer Eimear P. Bonner reported an option exercise and share sale. On January 5, 2026, she exercised a non-qualified stock option for 28,334 shares of Chevron common stock at an exercise price of $88.20 per share and acquired the same number of shares. That same day, she sold 28,334 shares of Chevron common stock at a price of $165.05 per share under a Rule 10b5-1 trading plan adopted on February 24, 2025. After these transactions, she directly held 4,366 Chevron common shares and indirectly held 408 shares through the Chevron Energy Limited Share Incentive Plan.

Insider Trade Summary

Net Seller: 28,334 shares ($4,676,527)

Net Sell 4 txns

Insider BONNER EIMEAR P

Role Chief Financial Officer

Sold 28,334 shs ($4.68M)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (Right to Buy)	28,334	$0.00	--
Exercise	Common Stock	28,334	$88.20	$2.50M
Sale	Common Stock	28,334	$165.05	$4.68M
holding	Common Stock	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 32,700 shares (Direct); Common Stock — 408 shares (Indirect, Share Incentive 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 24, 2025. Between December 18, 2025 and January 05, 2026, the reporting person acquired 5 shares of Chevron Corporation common stock under the Chevron Energy Limited Share Incentive Plan (SIP). Matching shares under the SIP may be forfeited if held for less than three years. 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^*

BONNER EIMEAR P

(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 Financial Officer

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)		28,334	A	$88.2	32,700	D
Common Stock	01/05/2026		S(1)		28,334	D	$165.05	4,366	D
Common Stock								408(2)	I	Share Incentive 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			28,334	(3)	01/27/2031	Common Stock	28,334	$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 24, 2025.

2. Between December 18, 2025 and January 05, 2026, the reporting person acquired 5 shares of Chevron Corporation common stock under the Chevron Energy Limited Share Incentive Plan (SIP). Matching shares under the SIP may be forfeited if held for less than three years.

3. 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 Eimear P. Bonner	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 its CFO on January 5, 2026?

Chevron reported that Chief Financial Officer Eimear P. Bonner exercised a non-qualified stock option and sold common shares on January 5, 2026. She exercised options for 28,334 shares of Chevron common stock and sold 28,334 shares on the same date.

How many Chevron (CVX) shares did the CFO sell and at what price?

The CFO sold 28,334 shares of Chevron common stock at a price of $165.05 per share on January 5, 2026. This sale was reported as a transaction code S in the filing.

What stock option did the Chevron (CVX) CFO exercise in this Form 4?

She exercised a Non-Qualified Stock Option (Right to Buy) covering 28,334 shares of Chevron common stock at an exercise price of $88.20 per share. The option was granted on January 27, 2021 and vested in three equal annual installments on January 31, 2022, 2023 and 2024.

How many Chevron (CVX) shares does the CFO own after the reported transactions?

Following the January 5, 2026 transactions, the CFO directly owned 4,366 shares of Chevron common stock. She also indirectly held 408 shares through the Chevron Energy Limited Share Incentive Plan.

Was the Chevron (CVX) CFO’s share sale part of a pre-arranged trading plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2025.

What additional share activity is disclosed for the Chevron (CVX) Share Incentive Plan?

The filing notes that between December 18, 2025 and January 5, 2026, the reporting person acquired 5 Chevron common shares under the Chevron Energy Limited Share Incentive Plan, and that matching shares under this plan may be forfeited if held for less than three years.