STOCK TITAN

Occidental (NYSE: OXY) CEO receives 101,833 RSUs vesting from 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jackson Richard A. reported acquisition or exercise transactions in this Form 4 filing.

Occidental Petroleum President and CEO Richard A. Jackson received an award of 101,833 shares of common stock in the form of restricted stock units (RSUs) at $0.00 per share under the company’s Amended and Restated 2015 Long-Term Incentive Plan.

Each RSU represents a contingent right to one share of common stock and will vest in three equal annual installments beginning on May 31, 2027. After this grant, Jackson directly holds 439,328 shares of common stock and indirectly holds 10,031 shares through the OPC Savings Plan, based on a plan statement dated June 1, 2026.

Positive

  • None.

Negative

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Insider Jackson Richard A.
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 101,833 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 439,328 shares (Direct, null); Common Stock — 10,031 shares (Indirect, By OPC Savings Plan)
Footnotes (1)
  1. 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 May 31, 2027. Based on a plan statement dated June 1, 2026.
RSUs granted 101,833 units Award of RSUs under 2015 Long-Term Incentive Plan
Grant price $0.00 per share RSU award to CEO Richard A. Jackson
Direct holdings after grant 439,328 shares Common stock held directly following RSU award
Indirect holdings after update 10,031 shares Common stock held via OPC Savings Plan as of June 1, 2026
RSU vesting start date May 31, 2027 First of three equal annual vesting installments
RSUs financial
"Award of RSUs pursuant to the Issuer's Amended and Restated 2015 Long-Term Incentive Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Amended and Restated 2015 Long-Term Incentive Plan financial
"Award of RSUs pursuant to the Issuer's Amended and Restated 2015 Long-Term Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting."
OPC Savings Plan financial
"By OPC Savings Plan"
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SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 TEXAS 77046

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OCCIDENTAL PETROLEUM CORP /DE/ [ OXY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A(1)101,833A$0439,328D
Common Stock10,031(2)IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 May 31, 2027.
2. Based on a plan statement dated June 1, 2026.
Remarks:
/s/ Brittany A. Smith, Attorney-in-Fact for Richard A. Jackson06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did OXY CEO Richard A. Jackson report in this Form 4?

Richard A. Jackson reported receiving an award of 101,833 RSUs of Occidental common stock. These units are compensation under the long-term incentive plan and convert into shares only as they vest over future years.

How many Occidental (OXY) RSUs were granted to the CEO and at what price?

The CEO was granted 101,833 restricted stock units of Occidental common stock at a grant price of $0.00 per unit. RSUs are typically compensation-based awards rather than open-market purchases, and convert into shares upon vesting.

When do Richard A. Jackson’s new OXY RSUs vest?

The RSUs vest in three equal annual installments beginning on May 31, 2027. Each vested RSU entitles Jackson to receive one share of Occidental common stock, aligning compensation with longer-term company performance and service.

What are Richard A. Jackson’s OXY share holdings after this transaction?

After the grant, Jackson directly holds 439,328 shares of Occidental common stock. He also indirectly holds 10,031 shares through the OPC Savings Plan, based on a plan statement dated June 1, 2026 referenced in the filing.

What is the OPC Savings Plan mentioned in the OXY Form 4 filing?

The OPC Savings Plan is an employee savings arrangement through which 10,031 Occidental shares are held for Jackson indirectly. The share balance is reported based on a June 1, 2026 plan statement, providing transparency on retirement-plan holdings.