$CVX · Chevron Corporation

Cynthia J. Warner, a director of Chevron Corporation, filed a Form 4 reporting a transaction in Chevron phantom stock. On August 28, 2026, she acquired 19 phantom stock units at a price of $201.86 per unit under the Chevron Non-Employee Directors’ Equity Compensation and Deferral Plan. Each phantom stock unit converts to one share of Chevron common stock upon the reporting person’s termination of service.

After the reported transaction, Warner beneficially owned 426 phantom stock units directly. The filing notes that this total includes dividend equivalent accruals under the same director compensation plan. This is a routine disclosure of equity compensation activity by a company director.