Alana K. Knowles - Apr 25, 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Alana K. Knowles
Stock symbol
CVX
Transactions as of
Apr 25, 2024
Transactions value $
-$152,964
Form type
4
Date filed
4/29/2024, 04:39 PM
Previous filing
Apr 4, 2024
Next filing
Dec 19, 2024

Transactions Table

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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -2.8K -100% $0.00* 0 Apr 25, 2024 Common Stock 2.8K $110.37 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2023.
F2 Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively.