KLESSE WILLIAM R 4

What Happened

• William R. Klesse, a director of Occidental Petroleum Corporation (OXY), received an award of 4,149 shares of common stock on May 4, 2026 (grant/award, code A) at an acquisition price of $0.00.
• To satisfy tax withholding obligations related to the award, 913 shares were withheld/disposed (code F) at $60.27 per share, valued at $55,027.
• This is an equity award (not a market purchase) and the share withholding is a routine tax-related disposition rather than a voluntary sale.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (timely filing).
• Award: 4,149 shares granted (Acquired at $0.00).
• Tax withholding: 913 shares withheld/disposed at $60.27, totaling $55,027.
• Footnotes: F1 = award under Occidental’s Amended and Restated 2015 Long-Term Incentive Plan; F2 = shares withheld to satisfy tax withholding.
• Shares owned following the transaction: not disclosed in the provided summary.

Context

• This was a standard equity award under the company’s LTIP with a portion of the award withheld to cover taxes (common practice). The withholding is treated as a disposal for reporting purposes but does not necessarily indicate a decision to sell additional shares.