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Occidental Petroleum Corporation's CEO just disposed of 5,000 shares

Stephen I Chazen, Occidental Petroleum Corporation's CEO and a director of the company, recently disposed of 5,000 shares of the company. The disposals took place at prices ranging from $72.20 to $73.50 per share, on dates ranging from April 12 to April 14, 2016. Chazen still owns 1,866,806 shares of the company. Chazen operates out of Houston, TX. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Chazen on October 30, 2015 in order to satisfy personal charitable contributions and commitments for 2016. Under the terms of the plan, Mr. Chazen may sell up to 250,000 shares of Occidental Petroleum...

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