HORTON THOMAS W 4

What Happened Thomas W. Horton, a member of Chevron Corporation's board of directors, was granted 458 stock units on January 27, 2026 under Chevron's non-employee directors' equity compensation plan. The Form 4 reports the acquisition as an award (code A) at a reported price of $0.00 — reflecting a grant of units rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-27; transaction type: Award/Grant (A).
• Shares/units received: 458; reported price per share/unit: $0.00 (grant).
• Filing date: 2026-01-29 — filed within the typical two-business-day window for Form 4s.
• Shares owned after transaction: Not specified in this filing.
• Footnote: F1 — these are stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.

Context This is a routine director compensation grant, common for non-employee board members and typically intended to align director interests with shareholders. Such awards are not the same as purchases and do not, by themselves, indicate a buy or sell signal. The Form 4 shows the grant but does not disclose Horton’s total holdings after the award.