Occidental (NYSE: OXY) CEO receives 101,833 RSUs vesting from 2027
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
RSUs granted: 101,833 units
Grant price: $0.00 per share
Direct holdings after grant: 439,328 shares
+2 more
5 metrics
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
Key Terms
RSUs, Amended and Restated 2015 Long-Term Incentive Plan, contingent right, OPC Savings Plan
4 terms
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"
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 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.