Jeff B. Gustavson - Jan 31, 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Jeff B. Gustavson
Stock symbol
CVX
Transactions as of
Jan 31, 2024
Transactions value $
-$1,036,138
Form type
4
Date filed
2/2/2024, 06:44 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 +2.25K +97.62% $0.00 4.56K Jan 31, 2024 Direct F1, F2
transaction CVX Common Stock Disposed to Issuer -$332K -2.25K -49.4% $147.43 2.31K Jan 31, 2024 Direct F1
transaction CVX Common Stock Options Exercise $0 +4.48K +194.15% $0.00 6.79K Jan 31, 2024 Direct F2
transaction CVX Common Stock Disposed to Issuer -$660K -4.48K -66% $147.43 2.31K Jan 31, 2024 Direct
transaction CVX Common Stock Tax liability -$43.8K -297 -12.87% $147.43 2.01K Jan 31, 2024 Direct
holding CVX Common Stock 3 Jan 31, 2024 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 -2.25K -100% 0 Jan 31, 2024 Common Stock 2.25K Direct F2, F3
transaction CVX Restricted Stock Units Options Exercise -4.48K -100% 0 Jan 31, 2024 Common Stock 4.48K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person disclaims beneficial ownership of 365 shares underlying these securities.
F2 Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock.
F3 During the vesting period, the restricted stock units accrued dividend equivalents in the form of additional restricted stock units.