Oxy CEO gets 94,198 RSU award, withholds shares
Occidental Petroleum President and CEO Vicki A. Hollub reported equity compensation and related tax withholding transactions in company common stock.
Rhea-AI Filing Summary
Occidental Petroleum President and CEO Vicki A. Hollub reported equity compensation and related tax withholding transactions in company common stock. She received a grant of 94,198 restricted stock units (RSUs), each representing one share of common stock, which will vest in three equal annual installments beginning on February 28, 2027. To cover tax obligations from previously vested RSUs, 33,136 shares were withheld and disposed of at $53.08 per share, a non‑open‑market, tax‑withholding disposition. Following these transactions, she directly owns over one million shares and also reports 26,702 shares held indirectly through the OPC Savings Plan based on a February 27, 2026 plan statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 94,198 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 33,136 | $53.08 | $1.76M |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of common stock withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units (RSUs).
- F2. 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.
- F3. Based on a plan statement dated February 27, 2026.
FAQ
What did OXY CEO Vicki Hollub report in this Form 4 filing?
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