California Resources (CRC) EVP sells 24,347 shares in open-market trade

Rhea-AI Filing Summary

California Resources Corp executive Christopher D. Gould reported an open-market sale of company stock. On this Form 4, the EVP & Chief Sustainability Officer sold 24,347 shares of California Resources common stock on March 11, 2026 at a weighted average price of $62.2125 per share. After this transaction, he directly holds 131,537 common shares. The filing notes the shares were sold in multiple trades at prices ranging from $61.93 to $62.54, with full trade-level detail available upon request.

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^*

Gould Christopher D.

(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 Sustainability Off

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		S		24,347	D	$62.2125(1)	131,537	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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.93 to $62.54, inclusive. The reporting person undertakes to provide to CRC, any security holder of CRC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Christopher D. Gould	03/12/2026
	** 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 Christopher D. Gould report on this Form 4?

Christopher D. Gould reported an open-market sale of California Resources Corp common stock. He sold 24,347 shares on March 11, 2026 at a weighted average price of $62.2125 per share, as disclosed in the Form 4 filing.

How many California Resources (CRC) shares did Christopher D. Gould sell and at what price?

He sold 24,347 shares of California Resources common stock. The weighted average sale price was $62.2125 per share, with individual trades executed between $61.93 and $62.54, according to the detailed price range disclosed in the Form 4 footnote.

How many California Resources (CRC) shares does Christopher D. Gould hold after the reported sale?

Following the reported sale, Christopher D. Gould directly owns 131,537 shares of California Resources common stock. This post-transaction holding is disclosed in the Form 4 as the total number of shares beneficially owned after the transaction.

What role does Christopher D. Gould hold at California Resources Corp related to this Form 4?

Christopher D. Gould is an officer of California Resources Corp, serving as Executive Vice President and Chief Sustainability Officer. His status as an officer makes him a reporting person required to disclose transactions in CRC common stock on Form 4.

Were the CRC shares sold by Christopher D. Gould in a single trade or multiple transactions?

The shares were sold in multiple transactions, not just one trade. The Form 4 footnote states that the reported price is a weighted average of trades executed between $61.93 and $62.54 per share, with full trade details available upon request.