Shearer Bob 4

What Happened
Bob Shearer, a director of Occidental Petroleum Corporation (OXY), was granted 3,734 shares on May 4, 2026. The Form 4 reports the acquisition as an award/grant with an acquisition price of $0, reflecting a stock award under the company's long-term incentive plan rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,734 common shares; reported acquisition price: $0.
• Footnote: Award made under Occidental Petroleum Corporation’s Amended and Restated 2015 Long-Term Incentive Plan.
• Shares owned after transaction: Not specified in the filing.

Context
This was a grant of company stock (not a purchase or sale). Grants under an LTIP are common for directors/executives and are recorded at $0 on Form 4 when reported as awards; such grants do not by themselves indicate the insider is buying or selling stock on the open market.