Occidental Petroleum (NYSE: OXY) director receives 3,734-share stock award

Rhea-AI Filing Summary

Shearer Bob reported acquisition or exercise transactions in this Form 4 filing.

Occidental Petroleum director Bob Shearer received a stock award of 3,734 shares of common stock. The shares were granted at no cash cost to him as a compensation award under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. Following this grant, Shearer directly holds 66,463 shares of Occidental common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shearer Bob

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,734	$0.00	--

Holdings After Transaction: Common Stock — 66,463 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock award: 3,734 shares Award price per share: $0.0000 Total holdings after grant: 66,463 shares +1 more

4 metrics

Stock award 3,734 shares Common Stock grant reported as acquisition code A

Award price per share $0.0000 Reported transaction price for compensation grant

Total holdings after grant 66,463 shares Direct ownership following the reported award

Acquisition transactions 1 transaction Form 4 transaction summary acquireCount

Key Terms

Long-Term Incentive Plan, Common Stock, grant/award acquisition, non-derivative

4 terms

Long-Term Incentive Plan financial

"Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Common Stock financial

"security_title: "Common Stock" and award of common stock under the plan"

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.

grant/award acquisition financial

"transaction_action: "grant/award acquisition" describing the nature of the transaction"

non-derivative financial

"transaction_type: "non-derivative" for the reported Common Stock award"

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^*

Shearer Bob

(Last) (First) (Middle)

OCCIDENTAL PETROLEUM CORPORATION

5 GREENWAY PLAZA, STE. 110

(Street)

HOUSTON TEXAS 77046

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/04/2026		A(1)		3,734	A	$0	66,463	D

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. Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan.

Remarks:

	/s/ Brittany A. Smith, Attorney-in-Fact for Bob Shearer	05/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Occidental Petroleum (OXY) director Bob Shearer report in this Form 4?

Bob Shearer reported receiving an award of 3,734 shares of Occidental Petroleum common stock. The shares were granted as compensation, not purchased in the open market, and increased his direct ownership to 66,463 shares after the transaction.

How many Occidental Petroleum (OXY) shares did Bob Shearer receive in this grant?

Bob Shearer received 3,734 shares of Occidental Petroleum common stock. These shares were issued as a grant or award under the company’s long-term incentive plan, rather than bought, and therefore carried a reported price per share of $0.0000.

What is Bob Shearer’s total Occidental Petroleum (OXY) shareholding after the reported transaction?

After the grant, Bob Shearer directly holds 66,463 shares of Occidental Petroleum common stock. This figure reflects his ownership following the 3,734-share award reported in the Form 4 insider filing for the specified transaction date.

Was Bob Shearer’s Occidental Petroleum (OXY) transaction an open-market buy or a compensation grant?

The transaction was a compensation grant, not an open-market purchase. The Form 4 classifies it as a grant or award acquisition with a per-share transaction price of $0.0000, issued under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan.

Under what plan was Bob Shearer’s Occidental Petroleum (OXY) stock award granted?

The stock award was granted under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. This plan provides equity-based compensation, and the Form 4 footnote specifies that the 3,734-share award was issued pursuant to this incentive arrangement.

Does the Form 4 show Bob Shearer selling any Occidental Petroleum (OXY) shares?

No sales are shown in this Form 4. The filing reports only a grant or award acquisition of 3,734 shares of common stock, increasing Bob Shearer’s direct holdings to 66,463 shares, with no dispositions or sales reported in the transaction summary.