Robert Clay Neff JR - 17 Dec 2025 Form 4 Insider Report for CHEVRON CORP (CVX)

Role: President, Upstream
Signature: /s/ Rose Z. Pierson, Attorney-in-Fact for Robert Clay Neff, Jr.
Issuer symbol: CVX
Transactions as of: 17 Dec 2025
Transactions value $: -$21,381
Form type: 4
Filing time: 19 Dec 2025, 18:59:38 UTC
Previous filing: 08 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Neff Robert Clay JR	President, Upstream	1400 SMITH STREET, HOUSTON	/s/ Rose Z. Pierson, Attorney-in-Fact for Robert Clay Neff, Jr.	19 Dec 2025	0001955667

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVX	Common Stock	Options Exercise	$0	+143	+1.69%	$0.00	8.6K	17 Dec 2025	Direct	F1
transaction	CVX	Common Stock	Tax liability	-$21.4K	-143	-1.66%	$149.52	8.46K	17 Dec 2025	Direct	F2
holding	CVX	Common Stock						9.9K	17 Dec 2025	By 401(k) plan	F3
holding	CVX	Common Stock						1	17 Dec 2025	By spouse	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVX	Restricted Stock Units	Options Exercise	$0	-143	-3.71%	$0.00	3.71K	17 Dec 2025	Common Stock	143		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This number includes the acquisition of stock pursuant to the reinvestment of dividends on directly owned shares of common stock and from dividends on vested restricted stock units (93) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
F2	Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F3	Between December 4, 2025 and December 17, 2025, the reporting person acquired 111 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F4	These securities are held by the reporting person's spouse in a custodial account. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5	Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. 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 one-third of the shares subject to the award will vest on February 10, 2026, and February 10, 2027, respectively, and are payable in cash on the date of vesting.
F6	This number includes dividend equivalents (43 shares).