Occidental (NYSE: OXY) CEO buys 4,770 shares, lifts direct stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Occidental Petroleum President and CEO Richard A. Jackson reported an open-market purchase of company stock. On June 23, 2026, he bought 4,770 shares of Occidental Petroleum common stock at $52.38 per share, increasing his direct holdings to 444,098 shares.
He also reported 10,052 shares held indirectly through the OPC Savings Plan, based on a plan statement dated June 23, 2026. The filing does not show any stock sales or derivative transactions in this update.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,770 shares ($249,853)
Net Buy
2 txns
Insider
Jackson Richard A.
Role
President and CEO
Bought
4,770 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,770 | $52.38 | $250K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 444,098 shares (Direct, null);
Common Stock — 10,052 shares (Indirect, By OPC Savings Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 4,770 shares
Purchase price: $52.38 per share
Direct holdings after transaction: 444,098 shares
+2 more
5 metrics
Shares purchased
4,770 shares
Open-market purchase on June 23, 2026
Purchase price
$52.38 per share
Open-market purchase of common stock
Direct holdings after transaction
444,098 shares
Common stock directly owned after June 23, 2026 trade
Indirect holdings via plan
10,052 shares
Held through OPC Savings Plan, based on June 23, 2026 statement
Net buy shares
4,770 shares
Net buy across reported transactions
Key Terms
open-market purchase, Common Stock, OPC Savings Plan, indirect ownership
4 terms
open-market purchase financial
"he bought 4,770 shares of Occidental Petroleum common stock at $52.38 per share"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"he bought 4,770 shares of Occidental Petroleum common stock at $52.38 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
OPC Savings Plan financial
"He also reported 10,052 shares held indirectly through the OPC Savings Plan"
indirect ownership financial
"10,052 shares held indirectly through the OPC Savings Plan"
FAQ
What insider transaction did OXY CEO Richard A. Jackson report?
Richard A. Jackson reported buying 4,770 shares of Occidental Petroleum common stock in the open market. The purchase occurred on June 23, 2026 at a price of $52.38 per share, increasing his direct ownership position in the company.
What does the OPC Savings Plan holding mean for OXY CEO’s ownership?
The filing shows 10,052 Occidental Petroleum shares held indirectly through the OPC Savings Plan. This indicates additional beneficial ownership reported separately from his 444,098 directly held shares and is based on a plan statement dated June 23, 2026.