STOCK TITAN

Occidental (NYSE: OXY) director gets stock award, withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Occidental Petroleum director Kenneth B. Robinson reported routine equity compensation and related tax withholding in company stock. He received an award of 4,149 shares of Common Stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan, with no cash paid for the grant.

To satisfy tax withholding obligations on this award, 913 shares were withheld at an indicated price of $60.27 per share, a non-market disposition rather than an open-market sale. After these transactions, Robinson directly holds 16,272 shares of Occidental common stock, including 258 shares acquired through dividend reinvestment between July 2025 and April 2026.

Positive

  • None.

Negative

  • None.
Insider Robinson Kenneth B.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,149 $0.00 --
Tax Withholding Common Stock 913 $60.27 $55K
Holdings After Transaction: Common Stock — 16,272 shares (Direct, null)
Footnotes (1)
  1. Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. Includes 258 shares acquired between July 2025 and April 2026 through dividend reinvestment. Represents shares of common stock withheld to satisfy tax withholding obligations.
Stock award 4,149 shares Common Stock granted under 2015 Long-Term Incentive Plan
Shares withheld for taxes 913 shares Withheld to satisfy tax withholding obligations
Withholding reference price $60.27 per share Value used for tax-withholding disposition
Shares held after transactions 16,272 shares Total Occidental common stock directly owned after Form 4
Dividend reinvestment shares 258 shares Acquired via dividend reinvestment between July 2025 and April 2026
Amended and Restated 2015 Long-Term Incentive Plan financial
"Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan."
dividend reinvestment financial
"Includes 258 shares acquired between July 2025 and April 2026 through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
tax withholding obligations financial
"Represents shares of common stock withheld to satisfy tax withholding obligations."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 913 shares of Common Stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for 4,149 shares."
SEC Form 4
FORM 4UNITED 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*
Robinson Kenneth B.

(Last)(First)(Middle)
OCCIDENTAL PETROLEUM CORPORATION
5 GREENWAY PLAZA, SUITE 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026A(1)4,149A$016,272(2)D
Common Stock05/04/2026F(3)913D$60.2715,359D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
2. Includes 258 shares acquired between July 2025 and April 2026 through dividend reinvestment.
3. Represents shares of common stock withheld to satisfy tax withholding obligations.
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
/s/ Brittany A. Smith, Attorney-in-Fact for Kenneth B. Robinson05/06/2026
** Signature of Reporting PersonDate
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 Kenneth B. Robinson report in his latest Form 4 for OXY?

Kenneth B. Robinson reported a routine equity compensation transaction, receiving 4,149 shares of Occidental Petroleum common stock and having 913 shares withheld for taxes. These moves reflect compensation and tax mechanics rather than open-market buying or selling activity, and he continues to hold shares directly.

How many Occidental Petroleum (OXY) shares were awarded to Kenneth B. Robinson?

He was awarded 4,149 shares of Occidental Petroleum Common Stock. The award was made under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan, representing stock-based compensation for his service rather than a purchase of shares in the open market.

How many OXY shares were withheld for Kenneth B. Robinson’s tax obligations?

A total of 913 Occidental Petroleum common shares were withheld to cover tax withholding obligations. The indicated value for this withholding was $60.27 per share, making it a non-market tax-withholding disposition, not an open-market sale initiated by Robinson on an exchange.

How many Occidental Petroleum (OXY) shares does Kenneth B. Robinson hold after these transactions?

Following the reported transactions, Kenneth B. Robinson directly holds 16,272 shares of Occidental Petroleum common stock. This total includes 258 shares acquired between July 2025 and April 2026 through dividend reinvestment, as noted in the accompanying footnotes to the Form 4 filing.

Was Kenneth B. Robinson’s Form 4 for OXY an open-market sale of shares?

No, the Form 4 shows no open-market sale. Instead, 913 shares were withheld to satisfy tax withholding obligations tied to a stock award, which is classified as a tax-withholding disposition rather than a discretionary sale of Occidental Petroleum common shares on the open market.

What compensation plan covered Kenneth B. Robinson’s new OXY stock award?

The stock award was granted under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. This plan provides equity-based compensation, such as grants of common stock, to directors and other participants as part of their long-term incentive and alignment with shareholders.