REED DEBRA L 4

What Happened Debra L. Reed, a director of Chevron Corporation (CVX), was issued 1,272 stock units as an award on 2026-05-27. The units were granted at $0.00 per share (award/issuance), so no cash was exchanged; this represents director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Filing date: 2026-05-29 (Form 4 accession 0000093410-26-000146) — filed within the standard two-business-day window.
• Amount: 1,272 stock units issued at $0.00 each (total cash value reported $0).
• Footnotes: F1 — units issued under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan; F2 — includes 501 dividend-equivalent accruals on stock units; F3 — includes 5 shares acquired via dividend reinvestment.
• Shares owned after the transaction: not specified in the filing.
• Exhibit: Power of Attorney listed as Exhibit 24.

Context These were equity compensation units for a non-employee director, issued under Chevron’s directors’ equity and deferral plan. Such grants are routine director compensation and do not necessarily indicate a change in the director’s market view; dividend equivalents and dividend reinvestment are included in the reported total.