Chevron (NYSE: CVX) CFO sells 32,100 shares, receives 14,400 RSUs

Rhea-AI Filing Summary

Chevron’s Chief Financial Officer, Eimear P. Bonner, reported multiple equity transactions in Chevron common stock and awards. On January 30, 2026, she exercised 32,100 stock options at $132.69 per share and sold 32,100 shares at a weighted-average price of $175.0072 per share under a Rule 10b5-1 trading plan adopted on February 24, 2025.

On January 31, 2026, restricted stock units (RSUs) covering 7,001 and 1,679 shares vested and were settled in Chevron stock, with 7,001 shares sold at $176.90 per share and 661 shares withheld at $176.90 to cover obligations. Following these transactions, she directly held 5,384 shares and 408 shares indirectly through a share incentive plan.

Separately, on February 1, 2026, she received a new grant of 14,400 RSUs, which accrue dividend equivalents and will vest in three equal installments on February 1, 2027, 2028 and 2029, settling in Chevron shares subject to a two-year post-vesting holding period that is removed upon termination of employment.

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
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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).

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)
01/30/2026

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	01/30/2026		M(1)		32,100	A	$132.69	36,466	D
Common Stock	01/30/2026		S(1)		32,100	D	$175.0072(2)	4,366	D
Common Stock	01/31/2026		M		7,001	A	$0(3)	11,367	D
Common Stock	01/31/2026		D		7,001	D	$176.9	4,366	D
Common Stock	01/31/2026		M		1,679	A	$0(3)	6,045	D
Common Stock	01/31/2026		F		661	D	$176.9	5,384	D
Common Stock								408	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)	$132.69	01/30/2026		M			32,100	(4)	01/26/2032	Common Stock	32,100	$0	0	D
Restricted Stock Units	$0(3)	01/31/2026		M			7,001	(5)	(5)	Common Stock	7,001	(3)	0	D
Restricted Stock Units	$0(3)	01/31/2026		M			1,679(6)	(7)	(7)	Common Stock	1,679(6)	(3)	0	D
Restricted Stock Units	$0(3)	02/01/2026		A		14,400		(8)	(8)	Common Stock	14,400	$0	14,400	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 24, 2025.

2. This transaction was executed in multiple trades at prices ranging from $175.00 to $175.03. 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.

3. Each restricted stock unit is the economic equivalent of one share of Chevron common stock.

4. Option granted January 26, 2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024 and January 31, 2025, respectively.

5. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2026.

6. This number includes dividend equivalents (74 shares).

7. Restricted stock units granted on January 25, 2023 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 vested on January 31, 2024, January 31, 2025 and January 31, 2026, respectively, and settled in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

8. Restricted stock units granted 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 this award will vest on February 1, 2027, February 1, 2028 and February 1, 2029, respectively, and will settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

	/s/ Rose Z. Pierson, Attorney-in-Fact for Eimear P. Bonner	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Chevron (CVX) CFO Eimear Bonner report?

Chevron CFO Eimear Bonner reported option exercises, share sales, RSU vesting and a new RSU grant. She exercised 32,100 options, sold 32,100 shares under a Rule 10b5-1 plan, had additional RSUs vest and settle in stock, and received 14,400 new restricted stock units.

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

The CFO sold 32,100 Chevron shares on January 30, 2026 at a weighted-average price of about $175.0072 per share, in trades executed between $175.00 and $175.03. She also sold 7,001 shares on January 31, 2026 at $176.90 per share following RSU vesting.

What stock option exercise did the Chevron CFO report?

She exercised 32,100 non-qualified stock options at an exercise price of $132.69 per share on January 30, 2026. These options were granted on January 26, 2022 and had vested in three equal tranches on January 31, 2023, January 31, 2024 and January 31, 2025.

What new restricted stock units did Chevron (CVX) grant to its CFO?

On February 1, 2026, Chevron granted the CFO 14,400 restricted stock units under its 2022 Long-Term Incentive Plan. One-third will vest on February 1, 2027, 2028 and 2029, settling in Chevron shares that are subject to a two-year post-vesting holding period, lifted upon employment termination.

How many Chevron shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly held 5,384 Chevron common shares and indirectly held 408 shares through a share incentive plan. Previously reported derivative positions tied to options and certain restricted stock units were reduced to zero as they were exercised or settled in shares.

Was the Chevron CFO’s share sale under a Rule 10b5-1 trading plan?

Yes. The sales reported in this Form 4 were effected under a Rule 10b5-1 trading plan adopted by the CFO on February 24, 2025. Such plans pre-establish trading parameters, allowing transactions to proceed according to preset instructions regardless of subsequent corporate or market developments.