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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*
HESS JOHN B

(Last) (First) (Middle)
1400 SMITH STREET

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/28/2025
3. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
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)
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.