MOORE JACK B 4

What Happened Jack B. Moore, a director of Occidental Petroleum Corporation (OXY), was granted 6,720 shares under the company's 2015 Long‑Term Incentive Plan on May 4, 2026 (award reported as $0.00 per share). To cover tax withholding obligations, 1,479 shares were surrendered/disposed at $60.27 each, resulting in cash withheld of about $89,139. Net shares retained from this grant = 6,720 − 1,479 = 5,241 shares.

Key Details

• Transaction dates: May 4, 2026; filing date: May 6, 2026 (timely Form 4 filing).
• Grant: 6,720 shares (code A), reported acquisition price $0.00 (award).
• Tax withholding: 1,479 shares withheld (code F) at $60.27 each — total ~ $89,139.
• Footnotes: Award issued under Occidental’s Amended and Restated 2015 Long‑Term Incentive Plan (F1). Filing notes 1,170 shares were acquired earlier (Jul 2025–Apr 2026) via dividend reinvestment (F2). Withheld shares represent satisfying tax obligations (F3).
• Shares owned after the transaction: not specified in the filing.

Context

• This filing reflects an equity award (acquisition) rather than an open‑market purchase or a discretionary sale. The withholding of shares for taxes (common on stock awards) is routine and does not necessarily indicate a change in sentiment. The net effect increased Moore’s holdings by 5,241 shares from this grant (before accounting for any other holdings).