Form 4: Occidental Petroleum Director Andrew Gould Reports Stock Award and Tax Withholding

Director Andrew Gould reports acquisition of common stock and shares withheld for tax obligations at Occidental Petroleum.

Summary

• On May 5, 2025, Andrew Gould, a director at Occidental Petroleum Corporation, acquired 6,442 shares of common stock.
• These shares were awarded under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan.
• On the same day, 1,933 shares were withheld to satisfy tax withholding obligations at a price of $38.81.
• Following these transactions, Gould directly owns 42,850 shares of Occidental Petroleum common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider alignment with shareholder interests.

Positives

• The acquisition of shares through the long-term incentive plan aligns the director's interests with those of the shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Occidental Petroleum, Andrew Gould, Director, Stock Award, Tax Withholding, Form 4, OXY, Incentive Plan