Occidental Petroleum Director Vicki Hollub Gifts 90,000 Shares to Family Trusts
OCCIDENTAL PETROLEUM CORP /DE/
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Filing Summary
=== Form 4 Filing Analysis ===
Issuer: Occidental Petroleum Corp (OXY)
Insider: Vicki A. Hollub (Director)
Transaction: Gift (Code G)
Date: September 25, 2026
Shares: 90,000
Price: $0.00
Total Value: $0.00
Remaining Beneficial Ownership: 974,835 shares
Significance: Low (Bona fide gift / estate planning)
Comprehensive Analysis
Executive Summary
On September 25, 2026, Occidental Petroleum Corporation (NYSE: OXY) Director Vicki A. Hollub transferred 90,000 shares of common stock as a bona fide gift (Transaction Code G) with no monetary consideration ($0 per share). Following the transaction, Hollub directly holds 974,835 shares of OXY common stock.
Transaction Details
- Security: Common Stock
- Nature of Transaction: Gift (Code G)
- Shares Disposed: 90,000
- Price Per Share: $0.00
- Post-Transaction Holdings: 974,835 shares (includes 27,009 shares previously reported as indirectly owned through the Issuer Savings Plan)
- Context: According to footnote disclosure, the shares were transferred to three irrevocable trusts established for the benefit of family members.
Market Impact & Significance
This transaction carries Low trading significance for investors. As a charitable or family trust transfer for estate planning purposes, the disposition does not reflect an open-market sale or an insider's sentiment regarding company valuation or operational performance.
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