CRC (NYSE: CRC) COO receives 16,327-share RSU equity award

Rhea-AI Filing Summary

Hayat Omar reported acquisition or exercise transactions in this Form 4 filing.

California Resources Corp executive Omar Hayat, EVP & Chief Operating Officer, received an equity award in the form of 16,327 shares of Common Stock on March 2, 2026, reported at a price of $0.0000 per share.

According to the footnote, this represents a grant of restricted stock units (RSUs), each convertible into one share of Common Stock, vesting in three equal annual installments on March 2, 2027, 2028, and 2029. Following this grant, Hayat directly holds 105,236 shares of Common Stock.

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^*

Hayat Omar

(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 Operating 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)		16,327	A	$0	105,236	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 Omar Hayat	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.

FAQ

What insider transaction did CRC executive Omar Hayat report on Form 4?

Omar Hayat reported receiving an equity award of 16,327 shares of California Resources Corp Common Stock. The award is structured as restricted stock units that convert one-for-one into shares, with vesting spread over three annual dates beginning in 2027.

How many restricted stock units did CRC grant to EVP & Chief Operating Officer Omar Hayat?

CRC granted Omar Hayat 16,327 restricted stock units. Each RSU represents a contingent right to receive one share of Common Stock, with the units vesting in three equal annual installments on March 2, 2027, March 2, 2028, and March 2, 2029.

At what price were the CRC shares granted to Omar Hayat reported?

The 16,327 shares tied to Omar Hayat’s restricted stock unit grant were reported at a transaction price of $0.0000 per share. This indicates a compensatory equity award rather than an open-market purchase for cash consideration by the executive.

When do Omar Hayat’s CRC restricted stock units vest?

The restricted stock units granted to Omar Hayat vest in three equal annual installments. The vesting dates are March 2, 2027, March 2, 2028, and March 2, 2029, subject to the typical conditions associated with such equity compensation awards.

How many CRC Common Stock shares does Omar Hayat own after this RSU grant?

After the reported grant, Omar Hayat directly owns 105,236 shares of California Resources Corp Common Stock. This total reflects the updated ownership position following the 16,327-share restricted stock unit award disclosed in the Form 4 filing.

Is Omar Hayat’s CRC Form 4 transaction a purchase or an equity award?

The filing shows an equity award, not an open-market share purchase. The transaction code is “A” for a grant or award, representing 16,327 restricted stock units that convert into Common Stock upon vesting over three annual installments starting in 2027.