Occidental Petroleum (NYSE: OXY) awards 26,284 RSUs to SVP & General Counsel
Rhea-AI Filing Summary
POLLACK BRAD reported acquisition or exercise transactions in this Form 4 filing.
Occidental Petroleum executive Brad Pollack, SVP & General Counsel, received an award of 26,284 RSUs under the Amended and Restated 2015 Long-Term Incentive Plan, each representing a contingent right to one share of common stock. The RSUs vest in three equal annual installments beginning on July 31, 2027. Following this award, Pollack is reported as directly owning 42,660 shares of common stock and indirectly holding 2,425 shares through the OPC Savings Plan, based on a plan statement dated July 31, 2026.
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Insider Trade Summary
Net Buyer: 26,284 shares
Net Buy
2 txns
Insider
POLLACK BRAD
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 26,284 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,660 shares (Direct);
Common Stock — 2,425 shares (Indirect, By OPC Savings Plan)
Footnotes (2)
- F1. 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 July 31, 2027.
- F2. Based on a plan statement dated July 31, 2026.
Key Figures
RSUs granted: 26,284 RSUs
Direct holdings after award: 42,660 shares
Indirect holdings via OPC Savings Plan: 2,425 shares
+2 more
5 metrics
RSUs granted
26,284 RSUs
Award to Brad Pollack on 2026-08-01 under Amended and Restated 2015 Long-Term Incentive Plan
Direct holdings after award
42,660 shares
Total direct Occidental Petroleum common stock reported following the RSU award
Indirect holdings via OPC Savings Plan
2,425 shares
Indirect ownership based on OPC Savings Plan statement dated July 31, 2026
Vesting installments
3 annual installments
RSUs vest in three equal annual installments beginning July 31, 2027
Vesting start date
July 31, 2027
First of three equal annual vesting dates for the RSU award
Key Terms
RSUs, 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.
Long-Term Incentive Plan financial
"Award of RSUs pursuant to the Issuer's Amended and Restated 2015 Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
OPC Savings Plan financial
"Indirect ownership nature described as By OPC Savings Plan in the holding entry."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did OXY report for Brad Pollack?
Occidental Petroleum reported that Brad Pollack, SVP & General Counsel, received an award of 26,284 RSUs. These restricted stock units were granted under the company’s Amended and Restated 2015 Long-Term Incentive Plan as part of his executive compensation.
How many RSUs did Brad Pollack of OXY receive and when do they vest?
Brad Pollack received 26,284 RSUs. The RSUs will vest in three equal annual installments, with the first installment beginning on July 31, 2027, providing a multi-year equity incentive tied to continued service.
What plan governs the RSU grant to Brad Pollack at OXY?
The RSU grant to Brad Pollack was made under Occidental Petroleum’s Amended and Restated 2015 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of the company’s common stock upon vesting over three years.
Does the OXY Form 4 indicate any stock sales by Brad Pollack?
The Form 4 shows an acquisition of 26,284 RSUs by Brad Pollack and no reported sales or dispositions. It also discloses updated direct and indirect holdings, including shares held through the OPC Savings Plan as of July 31, 2026.