Mark A. Nelson - Jan 31, 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice Chairman
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Stock symbol
CVX
Transactions as of
Jan 31, 2024
Transactions value $
-$1,750,584
Form type
4
Date filed
2/2/2024, 06:39 PM
Previous filing
Dec 20, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +10.5K +119.09% $0.00 19.4K Jan 31, 2024 Direct F1
transaction CVX Common Stock Disposed to Issuer -$1.55M -10.5K -54.36% $147.43 8.84K Jan 31, 2024 Direct
transaction CVX Common Stock Tax liability -$198K -1.35K -15.21% $147.43 7.5K Jan 31, 2024 Direct
holding CVX Common Stock 17.2K Jan 31, 2024 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 -10.5K -100% 0 Jan 31, 2024 Common Stock 10.5K $0.00 Direct F1, F3
* 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 Corporation common stock.
F2 Between December 19, 2023 and January 31, 2024, the reporting person acquired 18 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
F3 During the vesting period, the restricted stock units accrued dividend equivalents in the form of additional restricted stock units.