Occidental (NYSE: OXY) CEO reports share award and tax withholding

Rhea-AI Filing Summary

Occidental Petroleum President and CEO Vicki A. Hollub reported equity compensation and related tax withholding in company stock. She acquired 59,121 shares of common stock on February 18, 2026 as a grant from a performance stock unit award under the Amended and Restated 2015 Long-Term Incentive Plan, at no cash cost to her. On the same date, 23,265 shares were withheld at $47.11 per share to cover tax obligations tied to this vesting, reducing the net shares retained. After these transactions, she directly owned 1,047,744 common shares, which include 76 shares acquired through dividend reinvestment between April 2025 and January 2026. She also had an additional 26,667 shares held indirectly through the OPC Savings Plan, based on a plan statement dated February 18, 2026.

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

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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^*

Hollub Vicki A.

(Last) (First) (Middle)

OCCIDENTAL PETROLEUM CORPORATION

5 GREENWAY PLAZA, STE. 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

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)		59,121	A	$0	1,071,009(2)	D
Common Stock	02/18/2026		F(3)		23,265	D	$47.11	1,047,744	D
Common Stock								26,667(4)	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. Includes 76 shares acquired between April 2025 and January 2026 through dividend reinvestment.

3. Represents shares of common stock withheld to satisfy tax withholding obligations.

4. 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 Vicki A. Hollub	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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FAQ

What did OXY CEO Vicki Hollub report in this Form 4 filing?

Vicki A. Hollub reported a stock-based compensation event and related tax withholding. She received 59,121 Occidental common shares from a performance stock unit vesting and had 23,265 shares withheld to satisfy tax obligations on February 18, 2026.

How many Occidental (OXY) shares did the CEO receive and at what cost?

Vicki Hollub received 59,121 shares of Occidental common stock at a stated price of $0.00 per share. These shares came from vesting of a performance stock unit award under the company’s Amended and Restated 2015 Long-Term Incentive Plan.

Why were 23,265 OXY shares disposed of in this insider filing?

The 23,265 Occidental shares were withheld to satisfy tax withholding obligations related to the vesting of stock awards. They were valued at $47.11 per share and represent a tax-withholding disposition, not an open-market sale by CEO Vicki Hollub.

What is Vicki Hollub’s direct ownership in Occidental (OXY) after these transactions?

After the reported grant and tax withholding, Vicki Hollub directly owned 1,047,744 Occidental common shares. This direct total includes 76 shares that were acquired through dividend reinvestment between April 2025 and January 2026, as noted in the filing footnotes.

What indirect Occidental Petroleum (OXY) holdings are reported for the CEO?

The filing shows 26,667 Occidental common shares held indirectly for Vicki Hollub through the OPC Savings Plan. This indirect balance is based on a plan statement dated February 18, 2026, indicating shares associated with her participation in that savings plan.

Was the Form 4 transaction for OXY shares an open-market buy or sell?

The reported activity involves equity award vesting and tax withholding, not open-market trading. Shares were granted at no cost from a performance stock unit award, and separate shares were withheld at $47.11 per share to cover associated tax liabilities.