Knowles Alana K 4

4 · CHEVRON CORP · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

Chevron (CVX) Controller Alana Knowles Exercises RSUs; Shares Withheld

What Happened

Alana Knowles, Controller at Chevron (CVX), had restricted stock units (RSUs) vest and converted to common shares on February 10, 2026. The filing shows acquisition entries for 882 and 930 shares (exercise/conversion of derivatives) at $0.00 (typical for RSU vesting).
To cover tax withholding, 417 and 462 shares were disposed at $182.26 per share, generating $76,002 and $84,204 respectively — a combined withholding value of $160,206. The net effect: RSU settlement with shares withheld to satisfy tax obligations (routine, not an open-market sale).

Key Details

Transaction date: February 10, 2026. Filing date: February 12, 2026 (filed timely).
Withholding disposals: 417 shares @ $182.26 = $76,002; 462 shares @ $182.26 = $84,204; total withheld = 879 shares / $160,206.
Acquisitions (RSU settlement): 882 shares and 930 shares recorded as exercised/converted at $0.00 (RSUs vesting into shares).
Shares owned after transaction: not specified in the provided filing.
Footnotes: RSUs are economic equivalents to Chevron common stock (F1). Vesting relates to awards granted Feb 6, 2024 and Feb 4, 2025 with dividend equivalents included (additional 121 shares noted). The filing also notes 18 shares acquired under the Chevron 401(k) between Feb 5–10, 2026 and rounding of fractional shares.
Transaction codes: M = exercise/conversion of derivative (RSU settlement), F = payment of exercise price or tax liability (shares withheld for taxes).

Context

This is a routine RSU vesting event with shares withheld to satisfy tax withholding — a common administrative transaction that does not necessarily indicate insider buying or selling for investment reasons.
The reporting shows settlement and withholding rather than an open-market sale; purchases are limited to small 401(k) contributions (18 shares).

Form 4

Period: 2026-02-10

Controller

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-10+882→ 2,357 total
Tax Payment
Common Stock
2026-02-10$182.26/sh−417$76,002→ 1,940 total
Exercise/Conversion
Common Stock
[F1]
2026-02-10+930→ 2,870 total
Tax Payment
Common Stock
2026-02-10$182.26/sh−462$84,204→ 2,408 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-02-10−882→ 968 total
→ Common Stock (882 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5][F6]
2026-02-10−930→ 1,861 total
→ Common Stock (930 underlying)

Holdings

Footnotes (6)

[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]Between February 5, 2026 and February 10, 2026, the reporting person acquired 18 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan.
[F4]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.
[F5]This number includes dividend equivalents (121 shares).
[F6]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/ Christopher A. Butner, Attorney-in-Fact for Alana K. Knowles|2026-02-12

1 file