California Resources Corp (CRC) EVP sells 11,907 shares under 10b5-1 plan
Rhea-AI Filing Summary
California Resources Corp executive Jay A. Bys, EVP & Chief Commercial Officer, reported selling 11,907 shares of common stock on August 10, 2026 at $54.00 per share in an open-market or private transaction. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on March 5, 2026, and left him with 147,517 shares held directly.
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Insights
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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 — 147,517 shares (Direct)
Footnotes (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: $54.00 per share
Shares held after sale: 147,517 shares
+1 more
4 metrics
Shares sold
11,907 shares
Common stock sale by EVP & Chief Commercial Officer on August 10, 2026
Sale price
$54.00 per share
Price for the 11,907 CRC common shares sold
Shares held after sale
147,517 shares
Direct ownership of Jay A. Bys following the reported transaction
Transactions in filing
1 sale
Form 4 transaction summary shows one sell transaction and no buys
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan"
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 financial
"transaction_code_description: Sale in open market or private transaction"
Form 4 regulatory
"The sales reported in this Form 4 occurred automatically"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CRC report for Jay A. Bys?
California Resources Corp reported that EVP & Chief Commercial Officer Jay A. Bys sold 11,907 shares of common stock on August 10, 2026. The sale was executed at $54.00 per share in an open-market or private transaction.
Was the CRC insider sale by Jay A. Bys under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales occurred automatically under a Rule 10b5-1 trading plan adopted by Jay A. Bys on March 5, 2026. This indicates the trades were pre-arranged rather than discretionary at the time of sale.
What role does Jay A. Bys hold at California Resources Corp (CRC)?
The reporting person, Jay A. Bys, serves as EVP & Chief Commercial Officer at California Resources Corp. His position is disclosed in the Form 4 as an officer, and the transaction reflects changes in his personal direct shareholdings.
How many CRC insider sales are reported in this Form 4?
This Form 4 reports one insider sale transaction for Jay A. Bys. The transaction summary shows a sellCount of 1 and total shares sold of 11,907, with no reported purchases, exercises, or gifts in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.