Champion Christopher O 4

What Happened

• Christopher Champion, Vice President, Chief Accounting Officer and Controller of Occidental Petroleum (OXY), received 9,197 shares of common stock upon the vesting of a performance stock unit award (reported as an acquisition at $0.00). To satisfy tax withholding obligations, 3,712 of those shares were withheld/disposed at $47.11 per share, totaling $174,872.

Key Details

• Transaction date: February 18, 2026 (Form 4 filed February 20, 2026).
• Award: 9,197 shares acquired at $0.00 (performance stock units vested).
• Tax withholding: 3,712 shares disposed/withheld at $47.11 each = $174,872.
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: F1 = shares from vesting of a PSU under the Issuer's Amended and Restated 2015 Long-Term Incentive Plan; F2 = shares withheld for tax obligations; F3 = based on a plan statement dated Feb 18, 2026.
• Timeliness: Filing appears timely (transaction 2/18/2026; Form 4 filed 2/20/2026).

Context

• This was a compensation event (vesting of performance stock units), not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes (code F) is routine and does not necessarily indicate a change in the insider’s view of the company.