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California Resources officer plans $643K share sale

The shares are identified as compensation from restricted stock vesting on January 25, 2024.

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Form Type
144

Rhea-AI Filing Summary

California Resources Corp (CRC) is named in a Form 144 notice reporting Officer Jay A. Bys’s proposed sale of 11,907 common shares through Fidelity Brokerage Services LLC. The notice lists an aggregate market value of $642,978 and October 12, 2026, as the approximate sale date. The shares are listed as acquired on January 25, 2024, through restricted stock vesting as compensation.

Common shares proposed for sale 11,907 shares Proposed sale by Officer Jay A. Bys
Aggregate market value $642,978 Proposed sale
Approximate sale date October 12, 2026 Date listed in the notice
Issuer shares outstanding 88,819,893 shares Shares outstanding figure listed in the notice
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Jay A. Bys"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CRC shares did Officer Jay A. Bys plan to sell?

Officer Jay A. Bys reported a proposed sale of 11,907 CRC common shares, with an aggregate market value of $642,978. Fidelity Brokerage Services LLC is listed as the broker, and October 12, 2026, is the approximate sale date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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