Sec Form 4 Filing - NELSON MARK A @ CHEVRON CORP - 2025-01-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
NELSON MARK A
2. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice Chairman
(Last) (First) (Middle)
1400 SMITH STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/31/2025
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2025 M 10,933 A $ 0 ( 1 ) 13,189 D
Common Stock 01/31/2025 D 10,933 D $ 149.19 2,256 D
Common Stock 01/31/2025 M 2,537 A $ 0 ( 1 ) 4,793 D
Common Stock 01/31/2025 F 1,182 D $ 149.19 3,611 D
Common Stock 18,012 ( 2 ) I by 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 ( 1 ) 01/31/2025 M 10,933 ( 3 ) ( 4 ) ( 4 ) Common Stock 10,933 ( 3 ) ( 1 ) 0 D
Restricted Stock Units $ 0 ( 1 ) 01/31/2025 M 2,537 ( 5 ) ( 5 ) Common Stock 2,537 ( 1 ) 2,785 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NELSON MARK A
1400 SMITH STREET
HOUSTON, TX77002
Vice Chairman
Signatures
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson 02/04/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
( 2 )Between December 18, 2024 and January 31, 2025, the reporting person acquired 19 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
( 3 )This number includes dividend equivalents (1,187 shares).
( 4 )Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2025.
( 5 )Restricted stock units granted on January 25, 2023 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 January 31, 2024 and January 31, 2025, and one-third of the shares subject to the award will vest on January 31, 2026, 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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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