California Resources (NYSE: CRC) COO sells 23,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California Resources Corp executive Omar Hayat, EVP & Chief Operating Officer, sold 23,000 shares of common stock in an open-market transaction. The weighted average sale price was $65.8686 per share, across multiple trades between $65.345 and $65.965. Following this sale, Hayat directly holds 82,236 shares of California Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,000 shares ($1,514,978)
Net Sell
1 txn
Insider
Hayat Omar
Role
EVP & Chief Operating Officer
Sold
23,000 shs ($1.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23,000 | $65.8686 | $1.51M |
Holdings After Transaction:
Common Stock — 82,236 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CRC executive Omar Hayat report on this Form 4?
Omar Hayat, EVP & Chief Operating Officer of California Resources Corp (CRC), reported selling 23,000 shares of common stock in an open-market transaction. This sale was executed at a weighted average price of $65.8686 per share across multiple individual trades.
What type of insider transaction did CRC’s Omar Hayat execute?
The transaction disclosed by Omar Hayat was an open-market sale of California Resources Corp (CRC) common stock. It is classified with transaction code “S,” indicating a sale in the open market or a private transaction under SEC reporting rules.
Does the Form 4 for CRC mention a weighted average sale price?
Yes. The Form 4 states that the price in column 4 is a weighted average of multiple trades, giving a weighted average sale price of $65.8686 per CRC share. Individual sale prices ranged from $65.345 to $65.965 per share during the transaction.