secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001140361-24-046226
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental amends bylaws to align with Delaware law, update stockholder nomination and indemnification rules
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- Removed provision that Board's determination on stockholder special meeting requests was 'conclusive and binding'.
- Updated disclosure requirements for stockholder nominations, including nominee questionnaire and universal proxy card compliance.
- Removed requirement that incumbent director resign after failing to receive majority support in uncontested election (moved to governance policies).
- Amended indemnification provisions to require advancement of expenses and allow indemnified persons to sue for unpaid amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000114036124046226/0001140361-24-046226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000114036124046226/ef20038371_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-046226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer