Occidental (NYSE: OXY) SVP gets 16,817 shares, withholds 6,655 for tax

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.

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

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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^*

Peterson Robert L

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A(1)		16,817	A	$0	304,727	D
Common Stock	02/18/2026		F(2)		6,655	D	$47.11	298,072	D
Common Stock								12,337(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 received upon the vesting of a performance stock unit award granted under the Issuer's Amended and Restated 2015 Long-Term Incentive Plan.

2. Represents shares of common stock withheld to satisfy tax withholding obligations.

3. Based on a plan statement dated February 18, 2026.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney

	/s/ Brittany A. Smith, Attorney-in-Fact for Robert L. Peterson	02/20/2026
	** 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).
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FAQ

What did OXY executive Robert L. Peterson report in this Form 4 filing?

Robert L. Peterson, a senior vice president at Occidental Petroleum (OXY), reported equity compensation activity. He received 16,817 common shares from vesting performance stock units and had 6,655 shares withheld to satisfy related tax obligations.

How many Occidental Petroleum (OXY) shares did Robert L. Peterson acquire?

Robert L. Peterson acquired 16,817 shares of Occidental Petroleum common stock. These shares were received upon vesting of a performance stock unit award granted under the company’s Amended and Restated 2015 Long-Term Incentive Plan.

Were any Occidental Petroleum (OXY) shares sold by Robert L. Peterson in the market?

The filing shows a tax-withholding disposition of 6,655 shares at $47.11 per share. This represents shares withheld to satisfy tax obligations, rather than an open-market sale initiated for investment or portfolio reasons.

What is Robert L. Peterson’s total Occidental Petroleum (OXY) share ownership after these transactions?

After the reported transactions, Robert L. Peterson directly owned 298,072 OXY shares. He also indirectly held 12,337 shares through the OPC Savings Plan, based on a plan statement dated February 18, 2026.

What do the performance stock unit and tax withholding entries mean for OXY’s insider activity?

The filing reflects routine equity compensation for an Occidental executive. Shares from vested performance stock units increased his holdings, while a portion was automatically withheld in shares to cover tax liabilities, a common mechanism in stock-based compensation.