Oxy (OXY) COO receives RSU award and withholds shares for taxes

Rhea-AI Filing Summary

Occidental Petroleum Senior Vice President and COO Richard A. Jackson reported a mixed Form 4. He received a grant of 37,679 restricted stock units at no cost under the company’s long-term incentive plan, which will vest in three equal annual installments beginning on February 28, 2027.

To cover tax withholding on previously vested RSUs, 10,131 shares of common stock were disposed of at $53.08 per share. Following these transactions, he directly owns 337,495 common shares, and indirectly holds 9,703 shares through the OPC Savings Plan based on a statement dated February 27, 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Jackson Richard A.

Role Senior Vice President and COO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	37,679	$0.00	--
Tax Withholding	Common Stock	10,131	$53.08	$538K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 337,495 shares (Direct); Common Stock — 9,703 shares (Indirect, By OPC Savings Plan)

Footnotes (1)

1. Represents shares of common stock withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs). Award of RSUs pursuant to the Issuer's Amended and Restated 2015 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest in three equal annual installments beginning on February 28, 2027. Based on a plan statement dated February 27, 2026.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jackson Richard A.

(Last) (First) (Middle)

OCCIDENTAL PETROLEUM CORPORATION

5 GREENWAY PLAZA, STE. 110

(Street)

HOUSTON TX 77046

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OCCIDENTAL PETROLEUM CORP /DE/ [ OXY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President and COO

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/28/2026		F(1)		10,131	D	$53.08	299,816	D
Common Stock	03/01/2026		A(2)		37,679	A	$0	337,495	D
Common Stock								9,703(3)	I	By OPC Savings Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs).

2. Award of RSUs pursuant to the Issuer's Amended and Restated 2015 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest in three equal annual installments beginning on February 28, 2027.

3. Based on a plan statement dated February 27, 2026.

Remarks:

	/s/ Brittany A. Smith, Attorney-in-Fact for Richard A. Jackson	03/03/2026
	** 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 4 (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.

FAQ

What insider transactions did OXY executive Richard A. Jackson report on this Form 4?

Richard A. Jackson reported receiving a grant of 37,679 restricted stock units at no cost and a tax-withholding disposition of 10,131 common shares at $53.08 per share, reflecting routine equity compensation and related tax settlement activity.

How many restricted stock units did the OXY COO receive and when do they vest?

The COO received 37,679 restricted stock units under Occidental’s 2015 Long-Term Incentive Plan. Each RSU converts into one share of common stock and will vest in three equal annual installments beginning on February 28, 2027, subject to the plan’s terms.

Why were 10,131 Occidental Petroleum (OXY) shares disposed of in this Form 4?

The 10,131 shares were withheld to satisfy tax withholding obligations upon vesting of previously reported restricted stock units. This tax-withholding disposition occurred at a price of $53.08 per share and represents a non-open-market, administrative transaction tied to equity compensation.

What are Richard A. Jackson’s Occidental Petroleum shareholdings after these transactions?

After these transactions, Richard A. Jackson directly owns 337,495 shares of Occidental Petroleum common stock. He also indirectly holds 9,703 shares through the OPC Savings Plan, with that indirect balance based on a plan statement dated February 27, 2026.

How are the new OXY restricted stock units structured for the COO?

The newly awarded RSUs each represent a contingent right to receive one share of Occidental common stock upon vesting. They were granted under the Amended and Restated 2015 Long-Term Incentive Plan and vest in three equal annual installments starting February 28, 2027, encouraging longer-term alignment.

What indirect Occidental Petroleum holdings are disclosed for the COO in this Form 4?

The filing discloses 9,703 Occidental Petroleum shares held indirectly for the COO through the OPC Savings Plan. This indirect ownership figure is based on a plan statement dated February 27, 2026 and reflects his benefit plan-related holdings separate from directly owned shares.