California Resources EVP sells 11,907 shares

EVP & Chief Commercial Officer Jay A. Bys disclosed a Rule 10b5-1–planned sale of California Resources common stock, leaving a sizable remaining direct holding.

Rhea-AI Filing Summary

California Resources Corp (CRC) executive Jay A. Bys, EVP & Chief Commercial Officer, reported selling 11,907 shares of common stock on September 4, 2026 at $54.00 per share in an open-market or private transaction. After this sale, he directly holds 135,610 shares, and the transaction occurred automatically under a Rule 10b5-1 trading plan adopted on March 5, 2026.

Insider Trade Summary 10b5-1

Net Seller: 11,907 shares

Net Sell 1 txn

Insider Bys Jay A.

Role EVP & Chief Commercial Officer

Sold 11,907 shs ($643K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	11,907	$54.00	$643K

Holdings After Transaction: Common Stock — 135,610 shares (Direct)

Footnotes (1)

1. F1. The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.

Key Figures

Shares sold: 11,907 shares Sale price per share: $54.00 per share Shares held after transaction: 135,610 shares +1 more

4 metrics

Shares sold 11,907 shares Common stock sale on September 4, 2026

Sale price per share $54.00 per share Common stock sold by Jay A. Bys

Shares held after transaction 135,610 shares Direct holdings of Jay A. Bys following the sale

Rule 10b5-1 plan adoption date March 5, 2026 Adoption date of trading plan governing the sale

Key Terms

Rule 10b5-1 trading plan, open market or private transaction, EVP & Chief Commercial Officer

3 terms

Rule 10b5-1 trading plan regulatory

"occurred automatically pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open market or private transaction market

"Sale in open market or private transaction"

EVP & Chief Commercial Officer other

"reported as EVP & Chief Commercial Officer of California Resources"

FAQ

What insider transaction did CRC executive Jay A. Bys report on this Form 4?

He reported a sale of 11,907 shares of California Resources Corp common stock on September 4, 2026 at $54.00 per share in an open-market or private transaction.

How many CRC shares does Jay A. Bys hold after the reported sale?

After the reported transaction, Jay A. Bys directly holds 135,610 shares of California Resources Corp common stock, as stated in the Form 4.

Was the CRC Form 4 transaction by Jay A. Bys under a Rule 10b5-1 plan?

Yes. The filing states the sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Jay A. Bys on March 5, 2026.

What price did Jay A. Bys receive per CRC share in the September 4, 2026 sale?

The reported transaction price was $54.00 per share for the 11,907 shares of California Resources Corp common stock sold on September 4, 2026.

What is Jay A. Bys’s role at California Resources Corp (CRC)?

Jay A. Bys is reported as an EVP & Chief Commercial Officer of California Resources Corp in the Form 4.

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

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Available on EDGAR 09/08/2026 - 08:23 PM Accepted by SEC EDGAR 09/08/2026 - 08:22 PM Learn about SEC filing dates

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
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).

X

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^*

Bys Jay A.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2026		S(1)		11,907	D	$54	135,610	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 sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Jay A. Bys	09/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)