CHEVRON CORP|4Feb 12, 5:36 PM ET

Booth Thomas Ryder 4

4 · CHEVRON CORP · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

Chevron (CVX) Chief Technology & Eng Officer Booth Thomas Ryder Exercises RSUs, Sells Shares

What Happened

Booth Thomas Ryder, Chevron’s Chief Technology & Engineering Officer, converted vested restricted stock units (RSUs) into Chevron common shares on Feb. 10, 2026. The filing shows acquisition entries for 714 and 748 shares (totaling 1,462 shares recorded as acquired). To cover taxes, 158 and 183 shares were surrendered (disposed) at $182.26 per share — $28,797 and $33,354 respectively (total ≈ $62,151). On Feb. 11, 2026 he also sold 5 shares in the open market at $184.77 for $924.
These actions are routine settlement/tax-withholding and a small market sale; they reflect RSU vesting and tax withholding rather than an independent open-market purchase.

Key Details

Transaction dates/prices:
- RSU conversion (exercise/conversion of derivative): Feb. 10, 2026 (acquisition entries for 714 and 748 shares at $0.00 reported).
- Tax withholding disposals: Feb. 10, 2026 — 158 shares @ $182.26 ($28,797) and 183 shares @ $182.26 ($33,354).
- Open-market sale: Feb. 11, 2026 — 5 shares @ $184.77 ($924).
Shares surrendered for taxes: 341 shares total (158 + 183).
Shares recorded as acquired (per filing lines): 1,462 shares (714 + 748).
Shares owned after the transactions: not specified in the excerpted transactions; see the full Form 4 for total beneficial ownership.
Notable footnotes:
- F1/F3/F5: These were restricted stock units granted under Chevron’s 2022 Long-Term Incentive Plan (grants from Feb. 6, 2024 and Feb. 4, 2025). Vesting schedules noted in footnotes (one‑third vested on prior dates and remaining tranches vest later). RSUs accrue dividend equivalents as additional RSUs (footnote F4 notes 74 dividend-equivalent shares included).
- F (disposals) lines indicate payment of tax liability via share withholding — a common, routine settlement mechanism.
Filing timeliness: No late filing flag indicated in the provided excerpt.

Context

These were RSU conversions (not market purchases). The filing shows shares were withheld/surrendered to satisfy tax withholding obligations and a very small open-market sale occurred; this pattern is typical for vested equity settlements and does not necessarily signal the insider’s view of the stock.
For retail investors: purchases are usually more informative about insider sentiment than routine vesting and tax-withholding sales. If you want the full ownership picture, check the complete Form 4 (accession 0000093410-26-000066) for total shares beneficially owned.

Form 4

Period: 2026-02-10

Chief Technology & Eng Ofr

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-10+714→ 1,191 total
Tax Payment
Common Stock
2026-02-10$182.26/sh−158$28,797→ 1,033 total
Exercise/Conversion
Common Stock
[F1]
2026-02-10+748→ 1,781 total
Tax Payment
Common Stock
2026-02-10$182.26/sh−183$33,354→ 1,598 total
Sale
Common Stock
2026-02-11$184.77/sh−5$924→ 0 total(indirect: By Trust)
Exercise/Conversion
Restricted Stock Units
[F1][F3][F2]
2026-02-10−714→ 771 total
→ Common Stock (714 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]
2026-02-10−748→ 1,499 total
→ Common Stock (748 underlying)

Holdings

Footnotes (5)

[F1]Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
[F2]This number includes rounding of fractional shares.
[F3]Restricted stock units granted on February 6, 2024 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 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 settle in shares of Chevron common stock on the date of vesting.
[F4]This number includes dividend equivalents (74 shares).
[F5]Restricted stock units granted on February 4, 2025, 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 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 settle in shares of Chevron common stock on the date of vesting.

Signature

/s/ Christine L. Cavallo, Attorney-in-Fact for Thomas Ryder Booth|2026-02-12

1 file