Form 4: Director Avedick Poladian Acquires OXY Shares

Occidental Petroleum director Avedick Poladian acquired 4,149 shares of common stock via an equity incentive plan award.

Summary

• Director Avedick B. Poladian received an award of 4,149 shares of Occidental Petroleum (OXY) common stock.
• The transaction occurred on May 4, 2026, under the company's Amended and Restated 2015 Long-Term Incentive Plan.
• Following this transaction, the director's direct beneficial ownership increased to 79,575 shares.
• The director maintains additional indirect ownership of 15,000 shares held across three separate trusts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director demonstrates alignment with shareholder interests through increased equity ownership.
• The acquisition reflects standard compensation practices under the company's long-term incentive plan.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine disclosure of director equity compensation.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices in the energy sector, intended to align board member incentives with long-term shareholder value creation.

Comparison to Industry Standards

• The use of long-term incentive plans for director compensation is consistent with standard practices among major S&P 500 energy companies like Chevron and ExxonMobil.

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Occidental Petroleum, OXY, Insider Trading, Form 4, Director Compensation, Equity Incentive Plan