California Resources (NYSE: CRC) COO sells 23,000 common shares

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.

SEC Form 4

FORM 4

UNITED 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
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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^*

Hayat Omar

(Last) (First) (Middle)

1 WORLD TRADE CENTER, SUITE 1500

(Street)

LONG BEACH CA 90831

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
California Resources Corp [ CRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		S		23,000	D	$65.8686(1)	82,236	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.345 to $65.965, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Omar Hayat	03/10/2026
	** Signature of Reporting Person	Date
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.

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.

At what prices were Omar Hayat’s CRC shares sold in this transaction?

The reported weighted average price for Omar Hayat’s 23,000 CRC shares sold was $65.8686 per share. Individual trades occurred at prices ranging from $65.345 to $65.965, and full breakdown details are available on request from the company, security holders, or the SEC staff.

How many California Resources (CRC) shares does Omar Hayat hold after the sale?

After selling 23,000 CRC common shares, Omar Hayat directly holds 82,236 shares. This figure reflects his remaining direct ownership position immediately following the reported open-market sale, as disclosed in the Form 4 insider transaction filing.

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.