CHEVRON CORP|4Feb 3, 7:47 PM ET

Booth Thomas Ryder 4

4 · CHEVRON CORP · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 4, 2026

Chevron (CVX) CTO Booth Thomas Ryder Exercises RSUs, Sells Shares

What Happened

Booth Thomas Ryder, Chevron’s Chief Technology & Engineering Officer, had restricted stock units (RSUs) convert to 3,610 shares on Jan 31, 2026. Of those, 2,941 shares were disposed back to the issuer at $176.90 each for $520,263 and 199 shares were withheld to cover taxes (199 x $176.90 = $35,203). After the sale and tax withholding, 470 shares from this vesting remained with the insider (470 x $176.90 ≈ $83,143).
On Feb 1, 2026 a new RSU award of 4,760 shares was reported (grant/award), subject to future vesting and restrictions.

Key Details

Transaction dates: Vest/convert and sales reported 2026-01-31; new grant reported 2026-02-01. Filing date: 2026-02-03.
Prices and values: Disposed 2,941 shares @ $176.90 = $520,263; tax withholding 199 shares @ $176.90 = $35,203. Implied total value of the 3,610 vested shares ≈ $638,609.
Shares retained from this vesting: 470 shares (≈ $83,143 at $176.90).
Footnotes: RSUs are economic equivalents of one share (F1). Some RSUs accrued dividend equivalents (22 shares included) (F2, F3). The vested/settled RSUs were from prior grants (see F4). The Feb 1, 2026 award (4,760 RSUs) vests one‑third on Feb 1 of 2027–2029 and includes a two‑year post‑vesting holding period (F5).
Tax/treatment codes: M = conversion/exercise of derivative (RSU settlement), D = disposition to issuer (sale), F = payment of tax liability via share withholding. There is no indication in the provided excerpt that the filing was late.

Context

This was a routine RSU vesting and settlement: the RSUs converted into shares, a portion was sold/returned to the issuer and some shares were withheld to cover taxes. That pattern is common for executives when awards vest and does not by itself indicate a change in sentiment.
The filing also shows a new RSU grant that will vest in future years and carry a post‑vesting holding restriction, which is typical for long-term incentive awards.

Form 4

Period: 2026-01-31

Chief Technology & Eng Ofr

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-01-31+2,941→ 2,947 total
Disposition to Issuer
Common Stock
2026-01-31$176.90/sh−2,941$520,263→ 6 total
Exercise/Conversion
Common Stock
[F1]
2026-01-31+669→ 675 total
Tax Payment
Common Stock
2026-01-31$176.90/sh−199$35,203→ 476 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-01-31−2,941→ 0 total
Exercise: $0.00→ Common Stock (2,941 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]
2026-01-31−669→ 0 total
Exercise: $0.00→ Common Stock (669 underlying)
Award
Restricted Stock Units
[F1][F5]
2026-02-01+4,760→ 4,760 total
Exercise: $0.00→ Common Stock (4,760 underlying)

Holdings

Footnotes (5)

[F1]Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
[F2]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, 2026.
[F3]This number includes dividend equivalents (22 shares).
[F4]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, January 31, 2025, and January 31, 2026, respectively, and settled in shares of Chevron common stock on the date of vesting.
[F5]Restricted stock units granted 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 this 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. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.

Signature

/s/ Rose Z. Pierson, Attorney-in-Fact for Thomas Ryder Booth|2026-02-03

1 file