03/04/2026 | Press release | Distributed by Public on 03/04/2026 17:21
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FORM 3
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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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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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) |
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| 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 Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Ghai Amit R. 1400 SMITH STREET HOUSTON, TX 77002 |
Controller | |||
| /s/ Rose Z. Pierson, Attorney-in-Fact for Amit R. Ghai | 03/04/2026 | |
| **Signature of Reporting Person | Date |
| * | 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. |
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Remarks: Exhibit List: Exhibit 24 - Power of Attorney |
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