Jeff B. Gustavson - 10 Feb 2026 Form 4 Insider Report for CHEVRON CORP (CVX)

Role: President, New Energies
Signature: /s/ Christopher A. Butner, Attorney-in-Fact for Jeff B. Gustavson
Issuer symbol: CVX
Transactions as of: 10 Feb 2026
Net transactions value: -$86,938
Form type: 4
Filing time: 12 Feb 2026, 17:31:51 UTC
Previous filing: 03 Feb 2026
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
GUSTAVSON JEFF B	President, New Energies	1400 SMITH STREET, HOUSTON	/s/ Christopher A. Butner, Attorney-in-Fact for Jeff B. Gustavson	12 Feb 2026	0001960732

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVX	Common Stock	Options Exercise	$0	+968	+42%	$0.000000	3,263	10 Feb 2026	Direct	F1, F2
transaction	CVX	Common Stock	Tax liability	$43,013	-236	-7.2%	$182.26	3,027	10 Feb 2026	Direct
transaction	CVX	Common Stock	Options Exercise	$0	+930	+31%	$0.000000	3,957	10 Feb 2026	Direct	F1
transaction	CVX	Common Stock	Tax liability	$43,925	-241	-6.1%	$182.26	3,716	10 Feb 2026	Direct
holding	CVX	Common Stock						3	10 Feb 2026	By 401(k) plan

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		-968	-50%		968	10 Feb 2026	Common Stock	968		Direct	F1, F3, F4
transaction	CVX	Restricted Stock Units	Options Exercise		-930	-33%		1,861	10 Feb 2026	Common Stock	930		Direct	F1, F5, F6

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
F2	This number includes rounding of fractional shares.
F3	The number includes dividend equivalents (83 shares).
F4	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. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
F5	This number includes dividend equivalents (121 shares).
F6	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 this 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. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.