California Resources Corp (CRC) EVP logs RSU tax-related share disposition

Rhea-AI Filing Summary

California Resources Corp executive Jay A. Bys reported a tax-related share disposition. On February 25, 2026, 2,809 shares of common stock were surrendered at $58.12 per share to cover tax withholding on restricted stock units that vested that day. After this tax-withholding disposition, he held 167,281 shares of common stock directly.

Insider Trade Summary

Net Seller: 2,809 shares

Net Sell 1 txn

Insider Bys Jay A.

Role EVP & Chief Commercial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,809	$58.12	$163K

Holdings After Transaction: Common Stock — 167,281 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 Jay A. Bys report?

Jay A. Bys reported a tax-related disposition of 2,809 California Resources Corp common shares. These shares were surrendered to cover withholding taxes on restricted stock units that vested on February 25, 2026, rather than being an open-market sale.

Was the CRC Form 4 transaction an open-market sale of shares?

No, the CRC Form 4 transaction was not an open-market sale. The 2,809 shares were surrendered to satisfy tax withholding obligations for vested restricted stock units, a common administrative transaction for equity compensation rather than a discretionary sale into the market.

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

After the reported tax-withholding disposition, Jay A. Bys directly holds 167,281 shares of California Resources Corp common stock. This figure reflects his ownership following the surrender of 2,809 shares to cover taxes on vested restricted stock units.

What is the role of Jay A. Bys at California Resources Corp?

Jay A. Bys serves as Executive Vice President & Chief Commercial Officer at California Resources Corp. His Form 4 filing reflects a routine equity-compensation-related share disposition tied to restricted stock units that vested on February 25, 2026.

At what price were the CRC shares valued in the tax-withholding disposition?

The 2,809 California Resources Corp shares surrendered for tax withholding were valued at $58.12 per share. This price is used in the Form 4 to quantify the tax-related disposition associated with vested restricted stock units.

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Accepted by SEC EDGAR 02/27/2026 - 04:53 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^*

Bys Jay A.

(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 Commercial Officer

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)		2,809	D	$58.12	167,281	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 Jay A. Bys	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.