OCCIDENTAL PETROLEUM CORP /DE/·4

May 6, 7:06 PM ET

BAILEY VICKY A 4

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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.

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