Thomas Ryder Booth, Chief Technology and Engineering Officer of Chevron Corp, filed a Form 4 on November 13, 2026, disclosing transactions in Chevron common stock and a non-qualified stock option dated November 11, 2026.

Key Highlights

  • Option exercise: Booth exercised 6,000 non-qualified stock options on November 11, 2026, at a conversion price of $132.69 per share, acquiring 6,000 shares of Chevron common stock.
  • Open-market sale: On the same date, Booth disposed of 6,000 shares of common stock at a weighted-average price of $212.137, with individual trade prices ranging from $212.11 to $212.19.
  • Direct holdings after transactions: Following both transactions, Booth's direct beneficial ownership of Chevron common stock stands at 0 shares.
  • Indirect holdings: Booth also holds 3,257 shares indirectly through a 401(k) plan, reflecting 82 shares acquired under the Chevron Employee Savings Investment Plan between February 13, 2026 and November 11, 2026.
  • Remaining options: Booth retains 6,700 non-qualified stock options (right to buy) with an exercise price of $132.69, expiring January 26, 2032.
  • Option origin: The exercised option was granted January 26, 2022, with one-third vesting on each of January 31, 2023, January 31, 2024, and January 31, 2025.

Booth's November 11 Option Exercise and Share Sale at Chevron

According to the filing, Thomas Ryder Booth, identified as Chief Technology and Engineering Officer of Chevron Corp (NYSE:CVX), executed two linked transactions on November 11, 2026. First, Booth exercised 6,000 non-qualified stock options under transaction code "M," acquiring 6,000 shares of Chevron common stock at the option's exercise price of $132.69 per share. The option had been granted on January 26, 2022, with vesting in equal thirds on January 31, 2023, January 31, 2024, and January 31, 2025, the filing disclosed.

Immediately following the exercise, the filing reports that Booth sold all 6,000 acquired shares on November 11, 2026, under transaction code "S," at a weighted-average price of $212.137 per share. The filing notes the sale was executed in multiple trades at prices ranging from $212.11 to $212.19, and that full information on the number of shares sold at each separate price is available upon request to the SEC staff, the issuer, or a security holder.

After these transactions, Booth's direct beneficial ownership in Chevron common stock is reported as 0 shares. Indirectly, Booth holds 3,257 shares through the Chevron Employee Savings Investment Plan, a 401(k) plan, including 82 shares acquired between February 13, 2026 and November 11, 2026. Additionally, 6,700 non-qualified stock options remain outstanding with an exercise price of $132.69 and an expiration date of January 26, 2032, according to the filing. The form was signed by Rose Z. Pierson as Attorney-in-Fact for Thomas Ryder Booth and filed on November 13, 2026.

What Was Disclosed

The filing reports a same-day option exercise and sale of 6,000 Chevron common shares by Chief Technology and Engineering Officer Thomas Ryder Booth on November 11, 2026, leaving him with no direct share holdings and 6,700 remaining options.