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California Resources COO surrenders 2,286 shares for tax

After the RSU tax-withholding transaction, the COO's reported direct holdings stood at 81,206 shares.

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Form Type
4

Rhea-AI Filing Summary

California Resources Corp (CRC) EVP & Chief Operating Officer Omar Hayat reported 2,286 shares of common stock surrendered to satisfy tax withholding for restricted stock units that vested on November 4, 2026. The reported price was $48.34 per share; his direct holdings following the transaction were 81,206 shares.

Insider Hayat Omar
Role EVP & Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 2,286 $48.34 $111K
Holdings After Transaction: Common Stock — 81,206 shares (Direct)
Holdings Before and After: Common Stock, 83,492 to 81,206 shares (Direct)
Footnotes (1)
  1. F1. Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on November 4, 2026.
Shares surrendered for tax withholding 2,286 shares Restricted stock units vested November 4, 2026
Reported price per share $48.34 per share Transaction dated November 4, 2026
Direct holdings after transaction 81,206 shares Omar Hayat's reported holdings
restricted stock units financial
"restricted stock units (RSUs) surrendered to satisfy tax withholding"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding financial
"surrendered to satisfy tax withholding for RSUs"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
vested financial
"RSUs that vested on November 4, 2026"

FAQ

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How many CRC shares did the COO surrender for RSU tax withholding?

Omar Hayat, California Resources Corp's EVP & Chief Operating Officer, reported 2,286 shares surrendered to satisfy tax withholding for restricted stock units that vested on November 4, 2026. The reported price was $48.34 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).
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 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 Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
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 Stock11/04/2026F(1)2,286D$48.3481,206D
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. Represents restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs that vested on November 4, 2026.
Remarks:
/s/ Ulrik Damborg, Attorney-in-Fact for Omar Hayat11/06/2026
** 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)

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