STOCK TITAN

California Resources Corp (CRC) EVP sells 11,907 shares under 10b5-1 plan

(Very High)
(Negative)
Form Type
4

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

Analyzing...

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)
  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.
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
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.

How many CRC shares did Jay A. Bys sell and at what price?

Jay A. Bys sold 11,907 CRC common shares at a price of $54.00 per share. The transaction was coded as a sale in an open market or private transaction according to the Form 4 disclosure.

How many CRC shares does Jay A. Bys hold after this Form 4 sale?

After the reported sale, Jay A. Bys directly holds 147,517 shares of California Resources Corp common stock. This post-transaction balance reflects his remaining direct ownership as shown in the Form 4 filing.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026S(1)11,907D$54147,517D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Michael L. Preston, Attorney-in-Fact for Jay A. Bys08/12/2026
** Signature of Reporting PersonDate
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)