Knowles Alana K 4

Accession 0000093410-26-000039

CIK 0000093410other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 7:50 PM ET

Size

17.4 KB

Accession

0000093410-26-000039

AI-generated summary of this filing

Updated Feb 4, 2026

Chevron (CVX) Controller Alana K. Knowles Exercises RSUs, Sells Shares

What Happened

Alana K. Knowles, Controller of Chevron Corporation, had restricted stock units (RSUs) convert to shares on January 31, 2026. The filing shows conversion of 2,919 and 507 RSUs into common shares (total 3,426 shares).
Of those, 2,919 shares were disposed to the issuer at $176.90 per share for $516,371, and 240 shares were surrendered/withheld to cover tax liabilities at $176.90 per share for $42,456. Combined value of disposed/withheld shares is about $558,827.
The filing also reports a new grant of 4,760 RSUs on February 1, 2026 (these are awards that vest in future years).

Key Details

Transaction dates and prices:
- Jan 31, 2026: RSU conversions (2,919 and 507 shares). Disposition of 2,919 shares at $176.90 ($516,371). Tax withholding of 240 shares at $176.90 ($42,456).
- Feb 1, 2026: Grant of 4,760 RSUs (no cash paid).
Shares owned after transaction: Not specified in the filing.
Notable footnotes:
- These are restricted stock units (each RSU equals one common share) that accrue dividend equivalents as additional RSUs and are settled in shares or cash on vesting.
- Some RSUs vested and were settled on January 31, 2026; the Feb 1, 2026 grant vests in future years per the plan schedule.
Filing timeliness: Filing date Feb 3, 2026; the report does not flag a late filing.

Context

This appears to be a routine RSU vesting and settlement, with shares surrendered/sold to cover tax obligations (a common "cashless" net settlement). The transactions reflect award settlement and tax withholding rather than a discretionary open-market sale for investment purposes.
For retail investors: RSU vesting and related withholding are administrative and do not necessarily indicate an insider change in view on the company.

Form 4

Period: 2026-01-31

Controller

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-01-31+2,919→ 4,126 total
Disposition to Issuer
Common Stock
2026-01-31$176.90/sh−2,919$516,371→ 1,207 total
Exercise/Conversion
Common Stock
[F1]
2026-01-31+507→ 1,714 total
Tax Payment
Common Stock
2026-01-31$176.90/sh−240$42,456→ 1,474 total
Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]
2026-01-31−2,919→ 0 total
→ Common Stock (2,919 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]
2026-01-31−507→ 0 total
→ Common Stock (507 underlying)
Award
Restricted Stock Units
[F1][F6]
2026-02-01+4,760→ 4,760 total
Exercise: $0.00→ Common Stock (4,760 underlying)

Holdings

Footnotes (6)

[F1]Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
[F2]This number includes dividend equivalents (347 shares).
[F3]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.
[F4]This number includes dividend equivalents (22 shares).
[F5]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.
[F6]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.

Signature

/s/ Rose Z. Pierson, Attorney-in-Fact for Alana K. Knowles|2026-02-03

1 file

CHEVRON CORP

CIK 0000093410

Entity typeother