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California Resources (NYSE: CRC) director granted 3,091 RSUs as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Veltmann Alejandra reported acquisition or exercise transactions in this Form 4 filing.

California Resources Corp director Alejandra Veltmann received an equity grant in the form of restricted stock units. On April 30, 2026 she was awarded 3,091 RSUs, each representing a contingent right to one share of Common Stock, at no cash purchase price.

Following this grant, she holds 24,022 shares of Common Stock directly. The RSUs are scheduled to vest on April 30, 2027 and, subject to stated exceptions, will be settled in shares of Common Stock three months and one day after her separation from service.

Positive

  • None.

Negative

  • None.
Insider Veltmann Alejandra
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,091 $0.00 --
Holdings After Transaction: Common Stock — 24,022 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 3,091 units Restricted stock units awarded on April 30, 2026
Grant price $0.0000 per share Stated transaction price for the RSU award
Shares held after 24,022 shares Common Stock directly owned following the grant
Vesting date April 30, 2027 Scheduled vesting date of the 3,091 RSUs
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
separation from service financial
"settled in shares of Common Stock on the date that is three months and one day following the Reporting Person's separation from service."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Veltmann Alejandra
(Last)(First)(Middle)
1 WORLD TRADE CENTER, SUITE 1500
(Street)
LONG BEACH CALIFORNIA 90831
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
California Resources Corp [ CRC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026A(1)3,091A$024,022D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest on April 30, 2027 and, subject to certain exceptions, will be settled in shares of Common Stock on the date that is three months and one day following the Reporting Person's separation from service.
Remarks:
/s/ Ulrik Damborg, Attorney-in-Fact for Alejandra Veltmann05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CRC director Alejandra Veltmann report on this Form 4?

Alejandra Veltmann reported an equity compensation award, not a market trade. She received 3,091 restricted stock units of California Resources Corp Common Stock, each representing a contingent right to one share, with no cash paid per unit under the grant’s terms.

How many CRC shares does Alejandra Veltmann hold after this RSU grant?

After the April 30, 2026 transaction, Alejandra Veltmann holds 24,022 shares of California Resources Corp Common Stock directly. This figure reflects her position immediately following the 3,091 restricted stock unit grant disclosed in the Form 4 filing.

When do Alejandra Veltmann’s CRC restricted stock units vest and settle?

The 3,091 restricted stock units are scheduled to vest on April 30, 2027. Subject to certain exceptions, they will be settled in shares of California Resources Corp Common Stock three months and one day after her separation from service with the company.

Does the CRC Form 4 show a stock purchase or sale by Alejandra Veltmann?

The filing shows a grant classified as a “grant, award, or other acquisition,” not an open-market purchase or sale. Veltmann received 3,091 restricted stock units at a stated price of $0.0000 per share as part of her compensation arrangement.

What type of security was granted to CRC director Alejandra Veltmann?

She received restricted stock units, or RSUs, tied to California Resources Corp Common Stock. Each RSU represents a contingent right to receive one share, subject to vesting on April 30, 2027 and later share settlement following her separation from service.