Chevron Corporation

03/04/2026 | Press release | Distributed by Public on 03/04/2026 17:21

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Ghai Amit R.
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2026
3. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [CVX]
(Last) (First) (Middle)
1400 SMITH STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Controller
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
HOUSTON, TX 77002
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,701 D
Common Stock 432(1) I By 401(k) plan
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) (2) 01/30/2029 Common Stock 3,600 $113.01 D
Non-Qualified Stock Option (Right to Buy) (3) 01/29/2030 Common Stock 4,500 $110.37 D
Non-Qualified Stock Option (Right to Buy) (4) 01/27/2031 Common Stock 8,000 $88.2 D
Non-Qualified Stock Option (Right to Buy) (5) 01/26/2032 Common Stock 4,300 $132.69 D
Non-Qualified Stock Option (Right to Buy) (6) 01/25/2033 Common Stock 2,300 $179.08 D
Non-Qualified Stock Option (Right to Buy) (7) 02/06/2034 Common Stock 2,800 $152.35 D
Non-Qualified Stock Option (Right to Buy) (8) 02/04/2035 Common Stock 2,900 $153.22 D
Restricted Stock Units (9) (9) Common Stock 868 (9) D
Restricted Stock Units (10) (10) Common Stock 258 (10) D
Restricted Stock Units (11) (11) Common Stock 501 (11) D
Restricted Stock Units (12) (12) Common Stock 2,060 (12) D
Phantom Stock Units (13) (13) Common Stock 306 (13) I Excess Benefit Plan

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ghai Amit R.
1400 SMITH STREET
HOUSTON, TX 77002
Controller

Signatures

/s/ Rose Z. Pierson, Attorney-in-Fact for Amit R. Ghai 03/04/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Corporation Employee Savings and Investment Plan, a 401(k) plan.
(2) Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
(3) 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.
(4) Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, January 31, 2023 and January 31, 2024, respectively.
(5) Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024 and January 31, 2025, respectively.
(6) Option granted 1/25/2023. One-third of the shares subject to the option vested on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.
(7) Option granted 2/6/2024. One-third of the shares subject to the option vested on February 10, 2025 and February 10, 2026, respectively, and one-third of the shares will vest on February 10, 2027.
(8) Option granted 2/4/2025. One-third of the shares subject to the option vested on February 10, 2026, and one-third of the shares will vest on February 10, 2027 and February 10, 2028, respectively.
(9) Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2027.
(10) Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. 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 February 10, 2025 and February 10, 2026, respectively, and one-third of the shares subject to the award will vest on February 10, 2027 and will settle in shares of Chevron common stock on the date of vesting.
(11) Restricted stock units granted on February 4, 2025 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. 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 February 10, 2026, and one-third of the shares subject to the award will vest on February 10, 2027 and February 10, 2028, respectively, and will settle in shares of Chevron common stock on the date of vesting.
(12) Restricted stock units granted on February 1, 2026 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award will vest on February 1, 2027, February 1, 2028 and February 1, 2029, respectively, and will settle in shares of Chevron common stock on the date of vesting.
(13) Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.

Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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