New insider Hess John B claimed ownership of 9,720,198 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 07/28/2025 |
3. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 277,288 | D | |
Common Stock | 7,244,497 | I | By Limited Partnership(1) |
Common Stock | 29,471 | I | By Family LLC(2) |
Common Stock | 307,500 | I | By LLC(3) |
Common Stock | 7,286 | I | By Trust(4) |
Common Stock | 1,778,045 | I | By Trust(5) |
Common Stock | 76,111 | I | By 401(k)(6) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (Right to Buy) | (7) | 03/06/2029 | Common Stock | 170,077 | $55.36 | D | |
Non-Qualified Stock Option (Right to Buy) | (8) | 03/06/2030 | Common Stock | 243,706 | $48.51 | D | |
Non-Qualified Stock Option (Right to Buy) | (9) | 03/06/2031 | Common Stock | 117,498 | $73.21 | D | |
Non-Qualified Stock Option (Right to Buy) | (10) | 03/06/2032 | Common Stock | 103,771 | $98.71 | D | |
Non-Qualified Stock Option (Right to Buy) | (11) | 03/06/2033 | Common Stock | 74,310 | $138.1 | D |
Explanation of Responses: |
1. Shares are held by a limited partnership of which the reporting person is a limited partner and serves on the management committee of the general partner of the limited partnership. |
2. Shares are held by a limited liability company of which the reporting person is a member and is a general partner and manager of a limited partnership that is the manager of the limited liability company. |
3. Shares are held by a limited liability company of which the reporting person and the reporting person's son are the sole members, and the reporting person is the manager. |
4. Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary. |
5. Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary. |
6. This number represents the reporting person's shares of Chevron Corporation common stock under the Hess Corporation Employees' Savings Plan. |
7. Option Granted: 3/6/2019. One-third of the shares subject to the option vested on March 6, 2020, March 6, 2021, and March 6, 2022, respectively, pursuant to the Hess Equity Plans. |
8. Option Granted: 3/6/2020. One-third of the shares subject to the option vested on March 6, 2021, March 6, 2022, and March 6, 2023, respectively, pursuant to the Hess Equity Plans. |
9. Option Granted: 3/6/2021. One-third of the shares subject to the option vested on March 6, 2022, March 6, 2023, and March 6, 2024, respectively, pursuant to the Hess Equity Plans. |
10. Option Granted: 3/6/2022. One-third of the shares subject to the option vested on March 6, 2023, March 6, 2024, and March 6, 2025, respectively, pursuant to the Hess Equity Plans. |
11. Option Granted: 3/6/2023. One-third of the shares subject to the option vested on March 6, 2024, March 6, 2025, and July 18, 2025, respectively, pursuant to the Hess Equity Plans. |
Remarks: |
Exhibit List: Exhibit - 24 - Power of Attorney |
/s/ Christopher A. Butner, Attorney-In-Fact for John B. Hess | 07/30/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |