Form 4: Occidental Petroleum Director Carlos M. Gutierrez Reports Transaction
SEC Form 4 Filing
Director Carlos M. Gutierrez reported a transaction involving Occidental Petroleum common stock and warrants on May 20, 2024.
Summary
- On May 20, 2024, Carlos M. Gutierrez, a director of Occidental Petroleum Corporation, reported a transaction.
- The transaction involved the acquisition of 7,207 shares of common stock at $22 and the disposal of 65,740 shares of common stock.
- Additionally, Gutierrez acquired 7,207 warrants (right to buy) with an exercise price of $22, exercisable from August 3, 2020, and expiring on August 3, 2027.
- Following the reported transactions, Gutierrez directly owns derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/03/2020 | Date warrants become exercisable |
| 05/20/2024 | Date of transaction involving common stock and warrants |
| 05/21/2024 | Date of signature on the report |
| 08/03/2027 | Expiration date of warrants |
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