Form 4: Occidental Petroleum Director Vicky A. Bailey Reports Stock Award and Tax Withholding

Director Vicky A. Bailey reports acquisition of common stock and shares withheld for tax obligations.

Summary

• On May 5, 2025, Director Vicky A. Bailey acquired 6,442 shares of Occidental Petroleum Corporation common stock.
• These shares were awarded under the company's Amended and Restated 2015 Long-Term Incentive Plan.
• Also on May 5, 2025, 2,110 shares were disposed of at a price of $38.81 to cover tax withholding obligations.
• Following these transactions, Bailey directly owns 12,979 shares of Occidental Petroleum Corporation common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares through the Long-Term Incentive Plan aligns the director's interests with the company's long-term performance.

Industry Context

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

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Occidental Petroleum, Director, Stock Award, Tax Withholding, Form 4, OXY, Incentive Plan, Beneficial Ownership