Occidental (NYSE: OXY) COO logs stock award and tax-withholding share disposal

Rhea-AI Filing Summary

Occidental Petroleum Senior Vice President and COO Richard A. Jackson reported equity compensation-related transactions in the company’s common stock. On February 18, he acquired 18,393 shares at $0.00 per share, received upon vesting of a performance stock unit award under the Amended and Restated 2015 Long-Term Incentive Plan. On the same date, 7,268 shares at $47.11 per share were disposed of to satisfy tax withholding obligations, rather than through an open-market sale. Following these transactions, he directly owned 309,947 shares of common stock, and indirectly held 9,668 shares through the OPC Savings Plan based on a plan statement dated February 18, 2026.

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

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 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)
02/18/2026

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	02/18/2026		A(1)		18,393	A	$0	317,215	D
Common Stock	02/18/2026		F(2)		7,268	D	$47.11	309,947	D
Common Stock								9,668(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 received upon the vesting of a performance stock unit award granted under the Issuer's Amended and Restated 2015 Long-Term Incentive Plan.

2. Represents shares of common stock withheld to satisfy tax withholding obligations.

3. Based on a plan statement dated February 18, 2026.

Remarks:

	/s/ Brittany A. Smith, Attorney-in-Fact for Richard A. Jackson	02/20/2026
	** 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 transactions did OXY executive Richard A. Jackson report on this Form 4?

Richard A. Jackson reported equity compensation-related transactions in Occidental Petroleum common stock. He received vested shares from a performance stock unit award and had some shares withheld to cover tax obligations, rather than executing open-market purchases or sales.

How many Occidental Petroleum (OXY) shares did Richard A. Jackson acquire?

He acquired 18,393 shares of Occidental Petroleum common stock at $0.00 per share. These shares were received upon vesting of a performance stock unit award granted under the company’s Amended and Restated 2015 Long-Term Incentive Plan.

Why were 7,268 OXY shares disposed of in Richard A. Jackson’s Form 4?

The 7,268 Occidental Petroleum shares were disposed of at $47.11 per share to satisfy tax withholding obligations. This was a tax-withholding disposition, not an open-market sale initiated for portfolio or investment reasons.

What is Richard A. Jackson’s total direct ownership of OXY shares after these transactions?

After the reported transactions, Richard A. Jackson directly owned 309,947 shares of Occidental Petroleum common stock. This figure reflects the net result of the vested award shares received and the shares withheld to cover related tax liabilities.

Does Richard A. Jackson have any indirect holdings of Occidental Petroleum (OXY) shares?

Yes. He indirectly held 9,668 Occidental Petroleum shares through the OPC Savings Plan. This indirect holding amount is based on a plan statement dated February 18, 2026, as noted in the Form 4 footnotes.

Were Richard A. Jackson’s OXY transactions open-market buys or sells?

No. The Form 4 shows a grant or award acquisition and a tax-withholding disposition. Shares were received from a vested performance stock unit award, and some shares were withheld to pay tax obligations, not traded on the open market.