Dillon Kenneth 4

What Happened
Dillon Kenneth (Senior Vice President) received 18,393 shares of Occidental Petroleum common stock upon the vesting of a performance stock unit award. Those shares were issued at no cash cost to him (acquired at $0). To satisfy tax-withholding obligations, 7,264 of the shares were withheld (disposed) at a reported per-share value of $47.11, totaling roughly $342,207.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
• Award/Acquisition: 18,393 shares issued upon vesting (transaction code A); acquisition price reported $0.00.
• Tax withholding/Disposition: 7,264 shares withheld to cover taxes (transaction code F) at $47.11/share = $342,207.
• Footnotes: F1 = shares from vesting of a PSU under the 2015 LTIP; F2 = shares withheld for tax withholding; F3 = based on plan statement dated Feb 18, 2026.
• Shares owned after the transaction: not disclosed in this filing.

Context
This was a vesting of performance stock units, not an open-market purchase. The withholding of shares to cover taxes is a routine administrative step (not the same as an active sale into the market) and reduces the net shares the insider receives. The filing does not indicate any 10% ownership change or additional trading plan.