WARNER CYNTHIA J 4

What Happened

• Cynthia J. Warner, a director of Chevron Corporation (CVX), was issued 1,272 stock units as an award on 2026-05-27. The filing reports an acquisition at $0.00 per unit (total reported value $0) under the Non-Employee Directors' Equity Compensation and Deferral Plan.
• The filing notes that 259 of these units represent accrued dividend equivalents credited on the stock units.

Key Details

• Transaction date: 2026-05-27; Filing date (Form 4): 2026-05-29 (timely).
• Transaction code: A (award/grant); Price reported: $0.00 per unit.
• Shares/units acquired: 1,272 (includes 259 dividend equivalent accruals per footnote).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 — units issued under the Non-Employee Directors' Equity Compensation and Deferral Plan; F2 — includes 259 dividend equivalent accruals on those stock units.
• Filing accession: 0000093410-26-000143; Exhibit listed: Exhibit 24 — Power of Attorney.

Context

• This was a compensation award to a non-employee director (not an open-market purchase or sale). Such grants are routine director compensation and do not necessarily indicate the director is buying or selling stock based on a view of the company’s prospects. Dividend equivalents credited to stock units are common in director equity plans and increase the number of units granted or payable.