Director at California Resources (NYSE: CRC) receives 3,091 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Roby William B reported acquisition or exercise transactions in this Form 4 filing.

California Resources Corp director William B. Roby reported an equity grant of 3,091 restricted stock units (RSUs) of Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase.

Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest on April 30, 2027 and, subject to specified exceptions, will be settled in shares three months and one day after Roby’s separation from service. Following this grant, his direct holdings total 60,270.214 shares, so the award is a modest addition to his existing position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Roby William B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,091	$0.00	--

Holdings After Transaction: Common Stock — 60,270.214 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 3,091 RSUs Grant price per share: $0.00 per share Holdings after grant: 60,270.214 shares +1 more

4 metrics

RSU grant size 3,091 RSUs Restricted stock units of Common Stock granted to director

Grant price per share $0.00 per share Compensation-related RSU award, not open-market buying

Holdings after grant 60,270.214 shares Total direct holdings following the RSU transaction

Vesting date April 30, 2027 RSUs vest on this date before eventual settlement

Key Terms

restricted stock units ("RSUs"), contingent right, vest, separation from service

4 terms

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."

vest financial

"These RSUs will vest on April 30, 2027 and, subject to certain exceptions..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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 →

05/04/2026 - 04:40 PM

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).

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^*

Roby William B

(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)

X	Director	10% 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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		A⁽¹⁾		3,091	A	$0	60,270.214	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 William B. Roby	05/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did California Resources (CRC) director William B. Roby report in this Form 4?

Director William B. Roby reported receiving 3,091 restricted stock units (RSUs) of California Resources Common Stock as a compensation-related award. The grant was recorded at $0.00 per share and increased his direct holdings to 60,270.214 shares after the transaction.

How many California Resources (CRC) RSUs were granted to William B. Roby?

William B. Roby was granted 3,091 restricted stock units (RSUs) tied to California Resources Common Stock. Each RSU represents a contingent right to one share, adding a modest equity component to his compensation and slightly increasing his overall direct share ownership position.

When do William B. Roby’s California Resources (CRC) RSUs vest and settle?

The RSUs granted to William B. Roby vest on April 30, 2027. Subject to certain exceptions, they will be settled in shares of Common Stock three months and one day after his separation from service, aligning delivery with the end of his service period.

Is William B. Roby’s California Resources (CRC) RSU grant an open-market purchase?

No, the RSU grant is not an open-market purchase. It is a compensation-related award reported with a transaction code A and a price of $0.00 per share, reflecting a grant or award rather than buying shares on the open market.

What is William B. Roby’s total California Resources (CRC) shareholding after this RSU grant?

After the reported RSU grant, William B. Roby’s direct holdings total 60,270.214 shares of California Resources Common Stock. This total includes the impact of the 3,091 RSUs reported in the filing, showing his updated equity position as of the transaction date.