California Resources awards 15,957 stock units

Bys Jay A. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bys Jay A. reported acquisition or exercise transactions in this Form 4 filing.

California Resources Corp reported that EVP & Chief Commercial Officer Jay A. Bys received an award of 15,957 shares of Common Stock in the form of restricted stock units. The RSUs vest in three equal annual installments on March 2 of 2027, 2028 and 2029. Following this grant, his directly owned Common Stock holdings total 183,238 shares.

Insider Trade Summary

Grant/Award: 15,957 shares

Grant/Award 1 txn

Insider Bys Jay A.

Role EVP & Chief Commercial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,957	$0.00	$0.00

Holdings After Transaction: Common Stock — 183,238 shares (Direct)

Footnotes (1)

1. F1. 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 in three equal annual installments on each of March 2, 2027, 2028 and 2029.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did California Resources Corp (CRC) report?

California Resources Corp reported an equity award to executive Jay A. Bys. He received 15,957 restricted stock units of Common Stock, increasing his directly owned holdings to 183,238 shares after the grant, according to the Form 4 filing details.

Who is Jay A. Bys in relation to California Resources Corp (CRC)?

Jay A. Bys serves as EVP & Chief Commercial Officer at California Resources Corp. The Form 4 filing shows he is an officer, not a director or 10% owner, and it records his recent grant of 15,957 restricted stock units of Common Stock.

How many California Resources Corp (CRC) shares were granted to Jay A. Bys?

Jay A. Bys was granted 15,957 shares in the form of restricted stock units. Each RSU represents a contingent right to receive one share of Common Stock, and his total directly owned Common Stock holdings are 183,238 shares after this award.

What is the vesting schedule for Jay A. Bys’s CRC restricted stock units?

The 15,957 restricted stock units granted to Jay A. Bys vest in three equal annual installments. Vesting dates are March 2, 2027, March 2, 2028 and March 2, 2029, with each installment delivering one share of Common Stock per vested RSU.

Did Jay A. Bys pay a purchase price for the CRC shares reported?

The reported transaction price per share is listed as $0.0000. This indicates the 15,957 restricted stock units were granted as an award rather than purchased in the open market, consistent with the Form 4 code for a grant, award or other acquisition.

How did this Form 4 transaction change Jay A. Bys’s CRC ownership?

After receiving the 15,957 restricted stock units, Jay A. Bys directly owns 183,238 shares of California Resources Corp Common Stock. The filing classifies his ownership as direct, reflecting the updated total following this award transaction.

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Accepted by SEC EDGAR 03/03/2026 - 05:59 PM EST 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).

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 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 Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A(1)		15,957	A	$0	183,238	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. 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 in three equal annual installments on each of March 2, 2027, 2028 and 2029.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Jay A. Bys	03/03/2026
	** 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.