Occidental (NYSE: OXY) director logs stock grant and tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Occidental Petroleum director Andrew Gould reported routine equity compensation activity. He received 4,978 shares of common stock as a grant under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan, and 1,494 shares were withheld to satisfy tax withholding obligations. After these transactions, he directly holds 47,828 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GOULD ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,978 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,494 | $60.27 | $90K |
Holdings After Transaction:
Common Stock — 47,828 shares (Direct, null)
Footnotes (1)
- Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. Represents shares of common stock withheld to satisfy tax withholding obligations.
Key Figures
Equity award: 4,978 shares
Tax withholding shares: 1,494 shares
Tax withholding reference price: $60.27 per share
+3 more
6 metrics
Equity award
4,978 shares
Grant of common stock under 2015 Long-Term Incentive Plan
Tax withholding shares
1,494 shares
Shares withheld to satisfy tax withholding obligations
Tax withholding reference price
$60.27 per share
Price per share for withheld shares in tax-withholding disposition
Shares after tax withholding
46,334 shares
Direct holdings after tax-withholding disposition transaction
Shares after award
47,828 shares
Direct holdings after receiving 4,978-share award
Tax-withholding total shares
1,494 shares
Summarized in transactionSummary as tax withholding shares
Key Terms
Long-Term Incentive Plan, tax withholding obligations, grant/award acquisition, tax-withholding disposition, +1 more
5 terms
Long-Term Incentive Plan financial
"Award of common stock under Occidental Petroleum Corporation'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.
tax withholding obligations financial
"Represents shares of common stock withheld to satisfy tax withholding obligations"
grant/award acquisition financial
"transaction_action: grant/award acquisition; transaction_code_description: Grant, award, or other acquisition"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition; transaction_code_description: Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
non-derivative financial
"transaction_type: non-derivative for both common stock transactions"
FAQ
What did OXY director Andrew Gould report in this Form 4 filing?
Andrew Gould reported a routine equity compensation transaction. He received 4,978 shares of Occidental Petroleum common stock as an award, and 1,494 shares were withheld to cover tax obligations, leaving him with 47,828 shares directly owned after the transactions.
Was there an open-market buy or sell by Andrew Gould in OXY stock?
No open-market buy or sell occurred. The Form 4 shows an award of 4,978 common shares and a related tax-withholding disposition of 1,494 shares, both non-derivative transactions tied to compensation, not discretionary trades in the open market.