Jackson Richard A. 4

What Happened
Richard A. Jackson, President & CEO and a director of Occidental Petroleum (OXY), reported acquiring 4,770 shares on June 23, 2026. The shares were purchased at $52.38 per share for a total reported value of $249,853. The transaction is coded as a purchase (P), which is a direct buy of company stock rather than a sale or option exercise.

Key Details

• Transaction date: 2026-06-23; Filing date: 2026-06-24 (timely filing).
• Shares purchased: 4,770 at $52.38 per share. Total reported value: $249,853.
• Transaction code: P (purchase, open market or private purchase).
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnote: F1 — "Based on a plan statement dated June 23, 2026." (indicates the trade was made pursuant to a plan; see note below)
• Timeliness: Filing appears timely (reported the next business day).

Context

• Purchases by senior executives can be viewed as a stronger signal than routine sales, but this filing notes the trade was made under a plan statement dated the same day; prearranged plans (e.g., Rule 10b5-1 plans) can govern timing and lessen the implication of new inside information. The filing does not state whether a 10b5-1 plan was used—only that the transaction is "based on a plan statement dated June 23, 2026."
• This was a straightforward open-market purchase (no option exercise or award). As always, retail investors should consider insider trades alongside other company fundamentals and disclosures.