Occidental Petroleum CEO Richard A. Jackson Disposes of Shares for Tax Withholding
OCCIDENTAL PETROLEUM CORP /DE/
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Filing Summary
# SEC Form 4 Alert: OCCIDENTAL PETROLEUM CORP /DE/ ($OXY)
**Insider:** Jackson Richard A. (President and CEO, Director)
**Transaction Date:** September 30, 2026
### Transaction Summary
- **Type:** Tax Withholding (Code F)
- **Shares Disposed:** 4,124
- **Price per Share:** $55.32
- **Gross Value:** $228,139.68
- **Direct Shares Retained:** 439,974
- **Indirect Shares Held:** 10,097 (via OPC Savings Plan)
*Note: Disposition was executed solely to cover tax liabilities associated with the vesting of restricted stock units.*```
Comprehensive Analysis
Executive Summary
On October 2, 2026, Occidental Petroleum Corp ($OXY) President and CEO Richard A. Jackson filed a Form 4 reporting a disposition of 4,124 shares of Common Stock on September 30, 2026. The shares were withheld at a price of $55.32 per share, totaling approximately $228,140, specifically to cover tax withholding obligations upon the vesting of restricted stock units.
Transaction Breakdown
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 4,124 shares
- Price per Share: $55.32
- Total Disposition Value: $228,139.68
- Post-Transaction Holdings: 439,974 direct shares and 10,097 indirect shares via the OPC Savings Plan.
Market and Trading Implications
Because this transaction represents a standard, non-discretionary tax withholding event (Code F) related to RSU vesting rather than an open-market sale, its market signaling value is classified as Low. Jackson retains a substantial direct equity interest of 439,974 shares in Occidental Petroleum, reflecting continuous alignment with shareholders.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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