Occidental (NYSE: OXY) director gets stock grant, tax withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Occidental Petroleum director Jack B. Moore reported routine equity compensation activity. He received an award of 6,720 shares of common stock at no cost under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. On the same date, 1,479 shares were withheld to cover tax withholding obligations, a non-market disposition that does not reflect an open-market sale. After these transactions, Moore directly held 77,910 common shares, which includes 1,170 shares acquired between July 2025 and April 2026 through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MOORE JACK B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,720 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,479 | $60.27 | $89K |
Holdings After Transaction:
Common Stock — 77,910 shares (Direct, null)
Footnotes (1)
- Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. Includes 1,170 shares acquired between July 2025 and April 2026 through dividend reinvestment. Represents shares of common stock withheld to satisfy tax withholding obligations.
Key Figures
Stock grant: 6,720 shares
Tax withholding shares: 1,479 shares
Tax withholding reference price: $60.27 per share
+2 more
5 metrics
Stock grant
6,720 shares
Common stock award under 2015 Long-Term Incentive Plan
Tax withholding shares
1,479 shares
Shares withheld to satisfy tax withholding obligations
Tax withholding reference price
$60.27 per share
Value used for shares withheld for tax obligations
Shares held after transactions
77,910 shares
Direct common stock holdings following reported activity
Dividend reinvestment accumulation
1,170 shares
Shares acquired via dividend reinvestment between July 2025 and April 2026
Key Terms
Long-Term Incentive Plan, tax withholding obligations, dividend reinvestment, grant, award, or other acquisition
4 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."
dividend reinvestment financial
"Includes 1,170 shares acquired between July 2025 and April 2026 through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transactions did OXY director Jack B. Moore report?
Jack B. Moore reported a stock award and related tax withholding. He received 6,720 Occidental common shares as an equity grant and had 1,479 shares withheld to satisfy tax obligations, a routine non-market disposition tied to the compensation grant.
Were Jack B. Moore’s OXY transactions open-market buys or sells?
No, the transactions were not open-market trades. The filing shows a grant of 6,720 shares as compensation and a disposition of 1,479 shares withheld to cover tax obligations, which is a standard administrative mechanism rather than a discretionary market purchase or sale.
What plan governed Jack B. Moore’s recent OXY stock award?
The stock award was granted under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. This plan provides for equity-based compensation to eligible participants, and in this case resulted in a 6,720-share common stock grant to director Jack B. Moore.