Occidental SVP granted 16,817 OXY shares
Occidental Petroleum senior vice president Robert L. Peterson reported equity compensation activity in the company’s common stock.
Rhea-AI Filing Summary
Occidental Petroleum senior vice president Robert L. Peterson reported equity compensation activity in the company’s common stock. He acquired 16,817 shares at no cost through the vesting of a performance stock unit award under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan.
To cover tax withholding obligations from this vesting, 6,655 shares were disposed of at $47.11 per share through a tax-withholding disposition, rather than an open-market sale. After these transactions, Peterson directly owned 298,072 common shares and indirectly held 12,337 shares through the OPC Savings Plan, based on a plan statement dated February 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,817 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,655 | $47.11 | $314K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of common stock received upon the vesting of a performance stock unit award granted under the Issuer's Amended and Restated 2015 Long-Term Incentive Plan.
- F2. Represents shares of common stock withheld to satisfy tax withholding obligations.
- F3. Based on a plan statement dated February 18, 2026.
FAQ
What did OXY executive Robert L. Peterson report in this Form 4 filing?
What do the performance stock unit and tax withholding entries mean for OXY’s insider activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.