(OXY)

Reporting relationship: 10%+ Owner
Issuer ticker: OXY
Reported as of: 07 Feb 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Feb 2025, 20:35:48 UTC
Prior SEC filing: 03 Feb 2025
Next SEC filing: 13 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder

Key filing fact

BERKSHIRE HATHAWAY INC filed Form 4 for OCCIDENTAL PETROLEUM CORP /DE/ (OXY) on 11 Feb 2025.

Key facts

This page summarizes BERKSHIRE HATHAWAY INC's Form 4 filing for OCCIDENTAL PETROLEUM CORP /DE/ (OXY).
1 reported transaction and 2 derivative rows are listed below.
Accepted by SEC: 11 Feb 2025, 20:35.

Change

Previous filing in this sequence was filed on 03 Feb 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001067983 Primary reporting owner

BERKSHIRE HATHAWAY INC

Relationship: 10%+ Owner
Address: 3555 FARNAM STREET, OMAHA
Signature: /s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder
Signature date: 11 Feb 2025

CIK 0000315090

BUFFETT WARREN E

Relationship: 10%+ Owner
Address: 3555 FARNAM STREET, OMAHA
Signature: /s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder
Signature date: 11 Feb 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OXY transaction

Common Stock

Purchase

Transaction value
Shares: +763,017
Change %: +0.29%
Price: $46.82^*
Shares after: 264,941,431
Date: 07 Feb 2025
Ownership: See footnotes
Footnotes: F1, F2, F3, F4

OXY transaction

Common Stock

Purchase

Transaction value
Shares: +763,017
Change %: +0.29%
Price: $46.82^*
Shares after: 264,941,431
Date: 07 Feb 2025
Ownership: See footnotes
Footnotes: F1, F2, F3, F4

OXY holding

Series A Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 84,897
Date: 07 Feb 2025
Ownership: See footnotes
Footnotes: F3, F4, F5

OXY holding

Series A Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 84,897
Date: 07 Feb 2025
Ownership: See footnotes
Footnotes: F3, F4, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OXY holding Derivative

Warrants to Purchase Shares of Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 83,858,849
Date: 07 Feb 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 83,858,849
Exercise price: $59.62
Footnotes: F3, F4, F6, F7, F8

OXY holding Derivative

Warrants to Purchase Shares of Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 83,858,849
Date: 07 Feb 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 83,858,849
Exercise price: $59.62
Footnotes: F3, F4, F6, F7, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $46.6400 to $47.0000. The Reporting Persons undertake to provide Occidental Petroleum Corporation ("Occidental"), any security holder of Occidental, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.

Footnote F2

The shares of the issuer's common stock reported on this form are held by Berkshire Hathaway Inc. ("Berkshire") indirectly through its subsidiary, National Indemnity Company.

Footnote F3

As Berkshire is in the chain of ownership of each subsidiary listed, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares and derivative securities, as applicable, presently directly owned by such subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares and derivative securities, as applicable, presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. In addition, in order to avoid double counting, all shares and derivative securities, as applicable, reported as being owned by each subsidiary listed only reflect shares or derivative securities, as applicable, that are owned directly by such subsidiary,

Footnote F4

(Continued from footnote 3) and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported on this form.

Footnote F5

The shares of the issuer's preferred stock reported on this form were issued on August 8, 2019 and are held by Berkshire indirectly through its subsidiary, National Indemnity Company.

Footnote F6

The warrants contain provisions that adjust the exercise price and the number of shares of the issuer's common stock issuable on exercise upon the occurrence of certain events. As such, the exercise price and the number of shares of the issuer's common stock issuable on exercise as reported on this form are subject to change upon the occurrence of future events in accordance with the terms of the warrants. The warrants were initially for 80,000,000 shares with an initial exercise price of $62.50 per share. On June 26, 2020, the issuer's board of directors declared a distribution to its common shareholders of warrants to purchase additional shares of common stock, which distribution resulted in an anti-dilution adjustment to the warrants, which lowered the exercise price to $59.624 and increased the number of shares issuable on exercise of the warrants to 83,858,848.81.

Footnote F7

The warrants were issued on August 8, 2019 and are exercisable at the applicable holder's option, in whole or in part, until the first anniversary of the date on which no shares of the issuer's series A preferred stock remain outstanding, at which time the warrants expire.

Footnote F8

The warrants to purchase the issuer's common stock reported on this form are held by Berkshire indirectly through its subsidiary, National Indemnity Company.