Vicki Hollub (NYSE: OXY) awarded shares as director, shares withheld for taxes
Rhea-AI Filing Summary
Occidental Petroleum director Vicki A. Hollub reported routine equity compensation and related tax-withholding entries in Common Stock. She received an award of 3,183 shares at no cost under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan for non-employee director service.
To cover tax obligations, 73,477 shares and 701 shares of Common Stock were withheld at a price of $58.92 per share, including amounts tied to the accelerated vesting of previously reported restricted stock units in connection with her retirement as President and CEO effective June 1, 2026. After these transactions, Hollub directly holds 1,037,826 shares of Common Stock and indirectly holds 26,950 shares through the OPC Savings Plan based on a plan statement dated June 1, 2026. The filing shows compensation-related movements rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70,995 shares
Net Sell
4 txns
Insider
Hollub Vicki A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,183 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 701 | $58.92 | $41K |
| Exercise Price or Tax Liability | Common Stock | 73,477 | $58.92 | $4.33M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,037,826 shares (Direct);
Common Stock — 26,950 shares (Indirect, By OPC Savings Plan)
Footnotes (5)
- F1. Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan for non-employee director service.
- F2. Includes 15 shares acquired in April 2026 through dividend reinvestment.
- F3. Represents shares of common stock withheld to satisfy tax withholding obligations.
- F4. Represents shares of common stock withheld to satisfy tax withholding obligations upon the accelerated vesting of previously reported restricted stock units in connection with the reporting person's retirement as President and CEO effective June 1, 2026.
- F5. Based on a plan statement dated June 1, 2026.
Key Figures
Stock award: 3,183 shares
Tax-withheld shares: 73,477 shares
Additional tax-withheld shares: 701 shares
+2 more
5 metrics
Stock award
3,183 shares
Common Stock grant at $0.00 under Long-Term Incentive Plan
Tax-withheld shares
73,477 shares
Common Stock withheld at $58.92 to satisfy tax obligations
Additional tax-withheld shares
701 shares
Withheld at $58.92 upon accelerated vesting of restricted stock units
Direct holdings after transactions
1,112,004 shares
Direct Common Stock ownership following award and tax withholding
Indirect holdings via OPC Savings Plan
26,950 shares
Indirect Common Stock ownership based on plan statement dated June 1, 2026
Key Terms
Amended and Restated 2015 Long-Term Incentive Plan, tax withholding obligations, accelerated vesting, restricted stock units, +1 more
5 terms
Amended and Restated 2015 Long-Term Incentive Plan financial
"Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan for non-employee director service."
tax withholding obligations financial
"Represents shares of common stock withheld to satisfy tax withholding obligations."
accelerated vesting financial
"withheld to satisfy tax withholding obligations upon the accelerated vesting of previously reported restricted stock units"
restricted stock units financial
"upon the accelerated vesting of previously reported restricted stock units in connection with the reporting person's retirement"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"Includes 15 shares acquired in 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Vicki Hollub report for Occidental Petroleum (OXY)?
Vicki Hollub reported a routine stock award and tax-withholding entries in Occidental Petroleum Common Stock. She received 3,183 shares as a non-employee director, while additional shares were withheld to satisfy tax obligations and accelerated vesting related to her CEO retirement.
Are Vicki Hollub’s Occidental (OXY) transactions open-market buys or sells?
The reported entries are not open-market trades. They consist of a stock award of 3,183 shares and tax-withholding dispositions, where 73,477 and 701 shares were withheld at $58.92 per share to cover tax obligations and accelerated vesting, rather than discretionary market buying or selling.
How is Vicki Hollub’s retirement referenced in this Occidental (OXY) filing?
One footnote explains that certain withheld shares relate to accelerated vesting of restricted stock units in connection with her retirement as President and CEO effective June 1, 2026, clarifying that these movements stem from compensation and retirement-related vesting provisions.