STOCK TITAN

Chevron (NYSE: CVX) controller logs RSU vesting and tax-share withholding

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

Rhea-AI Filing Summary

Chevron Corporation’s controller, Alana K. Knowles, reported equity award activity and related tax withholding on February 10, 2026. She converted 882 and 930 restricted stock units into Chevron common stock at an exercise price of $0 per unit, reflecting vesting of long‑term incentive awards.

To cover tax liabilities, 417 shares and 462 shares of common stock were disposed of at $182.26 per share. After these transactions, she held 2,408 shares of Chevron common stock directly and 7,981 shares indirectly through a 401(k) plan, along with remaining restricted stock unit balances of 968 and 1,861 units.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with shares withheld for taxes; no thesis change.

Alana K. Knowles, Chevron’s controller, reported the vesting and conversion of 882 and 930 restricted stock units into common stock at an exercise price of $0. These are standard equity compensation events under Chevron’s long-term incentive plan.

To satisfy tax obligations, 417 and 462 shares were disposed of at $182.26 per share, a typical “sell-to-cover” style outcome for awards. She now reports 2,408 directly held shares and 7,981 shares via a 401(k) plan, plus remaining RSU balances. The filing reflects routine compensation mechanics rather than a discretionary open-market purchase or sale.

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*
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)
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 882 A $0(1) 2,357(2) D
Common Stock 02/10/2026 F 417 D $182.26 1,940 D
Common Stock 02/10/2026 M 930 A $0(1) 2,870 D
Common Stock 02/10/2026 F 462 D $182.26 2,408 D
Common Stock 7,981(3) 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 882 (4) (4) Common Stock 882 (1) 968 D
Restricted Stock Units (1) 02/10/2026 M 930(5) (6) (6) Common Stock 930(5) (1) 1,861 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. Between February 5, 2026 and February 10, 2026, the reporting person acquired 18 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan.
4. 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.
5. This number includes dividend equivalents (121 shares).
6. 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/ Christopher A. Butner, Attorney-in-Fact for Alana K. Knowles 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) controller Alana K. Knowles report?

Alana K. Knowles reported the conversion of 882 and 930 restricted stock units into Chevron common stock at an exercise price of $0, plus share dispositions of 417 and 462 shares at $182.26 per share to cover tax liabilities from these equity award vestings.

Did Alana K. Knowles buy or sell Chevron (CVX) shares on the open market?

The filing shows derivative conversions and tax-withholding dispositions, not open-market trades. Shares were acquired through vesting of restricted stock units, then a portion, 417 and 462 shares at $182.26, was disposed of solely to satisfy tax obligations related to those equity awards.

How many Chevron (CVX) shares does Alana K. Knowles hold after these transactions?

After the reported transactions, Alana K. Knowles directly holds 2,408 shares of Chevron common stock. She also has an indirect holding of 7,981 Chevron shares through a 401(k) plan, in addition to remaining restricted stock unit balances of 968 and 1,861 units.

What restricted stock unit activity did Chevron (CVX) disclose for Alana K. Knowles?

Two RSU tranches vested and were converted into stock: 882 units from a February 6, 2024 grant and 930 units from a February 4, 2025 grant. These awards accrue dividend equivalents and vest in thirds over scheduled dates, settling in Chevron common shares upon vesting.

At what price were Chevron (CVX) shares withheld or disposed of for taxes?

The filing reports that 417 shares and 462 shares of Chevron common stock were disposed of at a price of $182.26 per share. These dispositions were coded as tax-withholding transactions to satisfy exercise price or tax liabilities arising from restricted stock unit vesting.

What is the nature of Alana K. Knowles’ indirect Chevron (CVX) share ownership?

Alana K. Knowles reports indirect ownership of 7,981 Chevron common shares through a 401(k) Employee Savings Investment Plan. Footnotes indicate that between February 5 and February 10, 2026, she acquired 18 shares under this plan, contributing to the reported indirect holding balance.
Chevron Corp

NYSE:CVX

CVX Rankings

CVX Latest News

CVX Latest SEC Filings

CVX Stock Data

361.15B
1.86B
6.03%
58.98%
0.9%
Oil & Gas Integrated
Petroleum Refining
Link
United States
HOUSTON