CRC (NYSE: CRC) SVP surrenders 764 shares for RSU tax withholding

Rhea-AI Filing Summary

California Resources Corp Senior VP and Controller Noelle M. Repetti reported a Form 4 transaction involving company common stock. On February 25, 2026, she surrendered 764 restricted stock units to cover tax withholding for RSUs that vested that day, a non‑market, tax-related disposition. Following this transaction, she directly owned 12,610 shares of California Resources common stock.

Insider Trade Summary

Net Seller: 764 shares

Net Sell 1 txn

Insider Repetti Noelle M.

Role Senior VP and Controller

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	764	$58.12	$44K

Holdings After Transaction: Common Stock — 12,610 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on February 25, 2026.

FAQ

What insider transaction did CRC executive Noelle Repetti report on this Form 4?

Noelle M. Repetti, Senior VP and Controller of California Resources Corp (CRC), reported surrendering 764 restricted stock units. The RSUs were given up to satisfy tax withholding obligations related to RSUs that vested on February 25, 2026.

How many California Resources (CRC) shares were affected in the February 25, 2026 transaction?

The Form 4 reports a disposition of 764 shares of California Resources common stock. These represented restricted stock units surrendered for tax withholding, rather than an open-market purchase or sale of CRC shares.

What was the reported price per share for the CRC RSUs surrendered by Noelle Repetti?

The surrendered restricted stock units were valued at $58.12 per share. This price is used for reporting the tax-withholding disposition and does not indicate an open-market trading price executed by the executive.

How many California Resources (CRC) shares does Noelle Repetti own after this Form 4 transaction?

After the reported tax-withholding disposition, Noelle Repetti directly owned 12,610 shares of California Resources common stock. This figure reflects her direct holdings following the surrender of 764 restricted stock units for taxes.

What does transaction code F mean in the CRC Form 4 for Noelle Repetti?

Transaction code F indicates a tax-related disposition of securities. In this case, it reflects restricted stock units surrendered to cover tax withholding for RSUs that vested on February 25, 2026, rather than a discretionary sale on the open market.

Was Noelle Repetti’s CRC Form 4 transaction a market sale of shares?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The 764 restricted stock units were surrendered to satisfy tax obligations when RSUs vested, a common administrative step for equity compensation.

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Accepted by SEC EDGAR 02/27/2026 - 04:54 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
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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^*

Repetti Noelle M.

(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)
	Senior VP and Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		F(1)		764	D	$58.12	12,610	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. Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on February 25, 2026.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Noelle M. Repetti	02/27/2026
	** 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.