Occidental (NYSE: OXY) VP receives RSU grant, covers taxes in stock

Rhea-AI Filing Summary

Occidental Petroleum executive Christopher O. Champion, VP, CAO and Controller, reported mixed equity transactions in company common stock. On March 1, 2026, he acquired 13,565 restricted stock units at $0.0000 per share as a grant, increasing his directly held stake to 144,004 shares. These RSUs vest in three equal annual installments beginning February 28, 2027.

On February 28, 2026, 4,970 shares were disposed of at $53.08 per share to satisfy tax withholding obligations upon vesting of previously reported RSUs, leaving 130,439 directly held shares after that transaction. He also holds 3,620 shares indirectly through the OPC Savings Plan, based on a plan statement dated February 27, 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Champion Christopher O

Role VP, CAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,565	$0.00	--
Tax Withholding	Common Stock	4,970	$53.08	$264K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 144,004 shares (Direct); Common Stock — 3,620 shares (Indirect, By OPC Savings Plan)

Footnotes (1)

1. Represents shares of common stock withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs). 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. Based on a plan statement dated February 27, 2026.

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^*

Champion Christopher O

(Last) (First) (Middle)

OCCIDENTAL PETROLEUM CORPORATION

5 GREENWAY PLAZA, SUITE 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, CAO and Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		F(1)		4,970	D	$53.08	130,439	D
Common Stock	03/01/2026		A(2)		13,565	A	$0	144,004	D
Common Stock								3,620(3)	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 withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs).

2. 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.

3. Based on a plan statement dated February 27, 2026.

Remarks:

	/s/ Brittany A. Smith, Attorney-in-Fact for Christopher O. Champion	03/03/2026
	** 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.

FAQ

What insider transactions did OXY executive Christopher Champion report?

Christopher O. Champion reported both an equity grant and a tax-related share disposition. He received 13,565 restricted stock units and had 4,970 shares withheld at $53.08 each to cover tax obligations linked to previously vested RSUs, reflecting routine compensation mechanics.

How many Occidental Petroleum (OXY) shares does Christopher Champion now hold?

After the reported transactions, Christopher Champion directly holds 144,004 shares following the RSU grant and 130,439 shares following the tax withholding event. He also has 3,620 shares held indirectly through the OPC Savings Plan, based on a February 27, 2026 plan statement.

What are the terms of Christopher Champion’s new RSU grant at OXY?

Champion received an award of 13,565 restricted stock units under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan. Each RSU converts into one common share upon vesting, scheduled in three equal annual installments beginning on February 28, 2027, aligning with multi-year retention incentives.

Why were 4,970 OXY shares disposed of in Christopher Champion’s Form 4?

The 4,970 shares were withheld to satisfy tax withholding obligations when previously reported restricted stock units vested. This disposition, priced at $53.08 per share, reflects a non-open-market, tax-related transaction where shares are delivered to cover tax liabilities tied to equity compensation.

How does Christopher Champion hold OXY shares indirectly?

In addition to directly owned shares, Champion has 3,620 Occidental Petroleum shares held indirectly through the OPC Savings Plan. This indirect position is based on a plan statement dated February 27, 2026, showing retirement or savings-plan-related ownership separate from his directly held stock.