Occidental (NYSE: OXY) COO logs stock award and tax-withholding share disposal
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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 | 18,393 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,268 | $47.11 | $342K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 317,215 shares (Direct);
Common Stock — 9,668 shares (Indirect, By OPC Savings Plan)
Footnotes (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. Represents shares of common stock withheld to satisfy tax withholding obligations. Based on a plan statement dated February 18, 2026.
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.
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.