Occidental SVP gets RSU grant, shares withheld for tax
Occidental Petroleum senior vice president Jeff F. Simmons reported equity compensation activity and related tax withholding.
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Rhea-AI Filing Summary
Occidental Petroleum senior vice president Jeff F. Simmons reported equity compensation activity and related tax withholding. On March 1, 2026, he acquired 24,115 shares of common stock through a grant of restricted stock units at $0.0000 per share, increasing his direct holdings to 332,726 shares. The award was made under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan and will vest in three equal annual installments beginning on February 28, 2027. On February 28, 2026, 9,436 shares at $53.08 per share were disposed of to satisfy tax withholding obligations upon the vesting of previously reported RSUs, leaving 308,611 directly held shares after that transaction. He also indirectly held 4,891 shares through the OPC Savings Plan based on a statement dated February 27, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,115 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,436 | $53.08 | $501K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of common stock withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs).
- F2. 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 February 28, 2027.
- F3. Based on a plan statement dated February 27, 2026.
FAQ
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What equity award did OXY executive Jeff F. Simmons receive?
How will Jeff F. Simmons' new RSU grant at OXY vest over time?
What plan governs Jeff F. Simmons' new RSU award at Occidental Petroleum?
AI-generated analysis. How Rhea-AI works. Not financial advice.