Occidental Petroleum (NYSE: OXY) VP gets stock grant, withholds shares for taxes

Rhea-AI Filing Summary

Occidental Petroleum executive Christopher O. Champion reported routine equity compensation activity. He acquired 9,197 shares of common stock on February 18, 2026 through the vesting of a performance stock unit award granted under the company’s long-term incentive plan. On the same date, 3,712 shares were disposed of at $47.11 per share to cover tax withholding obligations, a non‑market, tax-related transaction. Following these changes, he directly owned 135,409 common shares, and indirectly held 3,595 shares through the OPC Savings Plan, based on a plan statement dated February 18, 2026.

Insights

Equity compensation and governance analyst

Routine equity award vesting with tax withholding; no clear directional signal.

Christopher O. Champion received 9,197 Occidental Petroleum common shares from the vesting of a performance stock unit award under the Amended and Restated 2015 Long-Term Incentive Plan. This is standard equity compensation rather than an open-market purchase.

To satisfy tax obligations from the vesting, 3,712 shares were withheld and disposed of at $47.11 per share. Such “F” code transactions are typically administrative and do not indicate a discretionary sale decision. He held 135,409 shares directly afterward, plus 3,595 indirect shares via the OPC Savings Plan.

The net result is a modest increase in his overall share exposure, but the activity is largely mechanical. Future filings may show additional vestings or plan-related movements that together shape longer-term ownership trends.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Champion Christopher O

Role VP, CAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,197	$0.00	--
Tax Withholding	Common Stock	3,712	$47.11	$175K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 139,121 shares (Direct); Common Stock — 3,595 shares (Indirect, By OPC Savings Plan)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Champion Christopher O

(Last) (First) (Middle)

OCCIDENTAL PETROLEUM CORPORATION

5 GREENWAY PLAZA, SUITE 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)
	VP, CAO and Controller

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)		9,197	A	$0	139,121	D
Common Stock	02/18/2026		F(2)		3,712	D	$47.11	135,409	D
Common Stock								3,595(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:

Exhibit List Exhibit 24 - Power of Attorney

	/s/ Brittany A. Smith, Attorney-in-Fact for Christopher O. Champion	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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