Andrew Benjamin Walz - 17 Dec 2025 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
President, DM&C
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Andrew Benjamin Walz
Issuer symbol
CVX
Transactions as of
17 Dec 2025
Transactions value $
-$10,765
Form type
4
Filing time
19 Dec 2025, 19:01:27 UTC
Previous filing
08 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Walz Andrew Benjamin President, DM&C 1400 SMITH STREET, HOUSTON /s/ Rose Z. Pierson, Attorney-in-Fact for Andrew Benjamin Walz 19 Dec 2025 0002074251

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +72 +654.55% $0.00 83 17 Dec 2025 Direct
transaction CVX Common Stock Tax liability -$10.8K -72 -86.75% $149.52 11 17 Dec 2025 Direct F1
holding CVX Common Stock 8.79K 17 Dec 2025 By 401(k) plan F2

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 -72 -3.72% $0.00 1.86K 17 Dec 2025 Common Stock 72 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Between December 4, 2025 and December 17, 2025, the reporting person acquired 99 shares of Chevron common stock under the Chevron Employee Saving Investment Plan, a 401(k) plan.
F3 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 will settle in shares of Chevron common stock on the date of vesting.
F4 This number includes dividend equivalents (21 shares).