Jeff B. Gustavson - 21 May 2024 Form 4 Insider Report for CHEVRON CORP (CVX)

Role: Vice President
Signature: /s/ Rose Z. Pierson, Attorney-in-Fact for Jeff B. Gustavson
Issuer symbol: CVX
Transactions as of: 21 May 2024
Net transactions value: -$211,965
Form type: 4
Filing time: 23 May 2024, 16:25:35 UTC
Previous filing: 08 Feb 2024
Next filing: 19 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVX	Common Stock	Options Exercise	$388,912	+3,750		$103.71	477	21 May 2024	Direct	F1, F2
transaction	CVX	Common Stock	Sale	$600,878	-3,750	-89%	$160.23	477	21 May 2024	Direct	F1
holding	CVX	Common Stock						3	21 May 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	Non-Qualified Stock Option (Right to Buy)	Options Exercise	$0	-3,750	-100%	$0.000000^*	0	21 May 2024	Common Stock	3,750	$103.71	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The reporting person does not have a pecuniary interest and disclaims beneficial ownership of these shares. These shares have been omitted from the total reported in Column 5.
F2	This number includes dividend accruals (5 shares).
F3	Option granted 1/28/2015. One-third of the shares subject to the option vested on each of the first, second and third anniversaries of the date of grant.