HESS JOHN B 4

What Happened

• John B. Hess, a director of Chevron Corporation, was granted 1,272 stock units (reported as shares) on 2026-05-27. The units were issued as an award under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan. The reported acquisition price is $0.00 (award), total reported value $0.

Key Details

• Transaction date: 2026-05-27; Filing date: 2026-05-29 (appears timely).
• Transaction type: Award/Grant (code A); 1,272 stock units issued.
• Reported price: $0.00 per share; reported total value: $0.
• Shares owned after transaction: Not specified in the provided excerpt.
• Notable footnotes: F1 — units issued under the Non‑Employee Directors' Equity Compensation and Deferral Plan; F2 — rounding of fractional shares; F3–F7 — describe certain holdings held via partnerships, LLCs, and trusts related to the reporting person.
• No indication this was an option exercise, sale, or gift — it’s a routine director equity award.

Context

• Director awards like this are standard compensation for non-employee board members and do not necessarily signal a buying or selling view of the company. They increase the director’s equity stake over time according to the plan’s terms.