BAILEY VICKY A 4
4 · OCCIDENTAL PETROLEUM CORP /DE/ · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Occidental (OXY) Director Vicky A. Bailey Receives Award, Sells Shares
What Happened Vicky A. Bailey, a director of Occidental Petroleum Corporation (OXY), was granted 3,734 shares under the company's Amended and Restated 2015 Long-Term Incentive Plan on May 4, 2026 (code A; acquired at $0). To satisfy tax withholding obligations (code F), 1,223 of those shares were withheld/disposed at $60.27 per share, generating approximately $73,710. Net shares delivered to Bailey from this award were 2,511 shares (3,734 granted minus 1,223 withheld). These actions are routine compensation-related transactions rather than open-market purchases or voluntary sales.
Key Details
- Transaction dates: May 4, 2026 (reported on Form 4 filed May 6, 2026).
- Grant: 3,734 shares (code A), acquisition price $0 (award under LTIP).
- Withholding: 1,223 shares withheld (code F) at $60.27/share; value reported $73,710.
- Net shares retained from grant: 2,511 shares.
- Footnotes: F1 = award under the 2015 Long-Term Incentive Plan; F2 = shares withheld to satisfy tax withholding.
- Shares owned after the transaction: not disclosed on the provided filing excerpt.
- Filing timeliness: filed within the Form 4 reporting window (not indicated as late).
- Exhibit: Exhibit 24 — Power of Attorney listed.
Context This was a compensation award and routine tax-withholding disposition (cashless-withholding), common for equity-based pay. Such grants reflect company compensation practices and the withholding does not necessarily indicate trading intent or a personal view on the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-04+3,734→ 16,713 total - Tax Payment
Common Stock
[F2]2026-05-04$60.27/sh−1,223$73,710→ 15,490 total
Footnotes (2)
- [F1]Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan.
- [F2]Represents shares of common stock withheld to satisfy tax withholding obligations.