Chevron (CVX)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-17 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: CHEVRON CORP (CVX) CIK: 0000093410 --- Reporting Owner --- Name: Walz Andrew Benjamin CIK: 0002074251 Role: Officer (President, DM&C) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-08-17 | Code: M (Exercise of derivative) Shares: +4,100 | Price: $88.20 Total Value: $361,620.00 Shares Owned After: 4,114 | Ownership: D (Direct) Footnotes: [F1] This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (14 shares) under the Chevron Corporation 2022 Long-Term Incentive Plan. [Transaction #2] Security: Common Stock Date: 2026-08-17 | Code: M (Exercise of derivative) Shares: +12,700 | Price: $132.69 Total Value: $1,685,163.00 Shares Owned After: 16,814 | Ownership: D (Direct) [Transaction #3] Security: Common Stock Date: 2026-08-17 | Code: S (Open market sale) Shares: -16,800 | Price: $201.06 Total Value: $3,377,833.20 Shares Owned After: 14 | Ownership: D (Direct) Footnotes: [F2] This transaction was executed in multiple trades at prices ranging from $201.01 to $201.1150. The price reported in Column 4 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. --- Derivative Transactions --- [Transaction #1] Security: Non-Qualified Stock Option (Right to Buy) Date: 2026-08-17 | Code: M (Exercise of derivative) Shares: -4,100 | Price: $0.00 Exercisable: N/A | Expires: 2031-01-27 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F4] 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. [Transaction #2] Security: Non-Qualified Stock Option (Right to Buy) Date: 2026-08-17 | Code: M (Exercise of derivative) Shares: -12,700 | Price: $0.00 Exercisable: N/A | Expires: 2032-01-26 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F5] 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. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] Between March 3, 2026 and August 17, 2026, the reporting person acquired 185 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan. --- Footnotes (Complete Index) --- F1: This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (14 shares) under the Chevron Corporation 2022 Long-Term Incentive Plan. F2: This transaction was executed in multiple trades at prices ranging from $201.01 to $201.1150. The price reported in Column 4 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. F3: Between March 3, 2026 and August 17, 2026, the reporting person acquired 185 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan. F4: 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. F5: 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. --- Signature --- /s/ /s/ Rose Z. Pierson, Attorney-in-Fact for Andrew Benjamin Walz (2026-08-19)