California Resources (NYSE: CRC) awards 3,091 RSUs to director Andrew Bremner

Rhea-AI Filing Summary

Bremner Andrew B. reported acquisition or exercise transactions in this Form 4 filing.

California Resources Corp director Andrew B. Bremner received an equity award in the form of restricted stock units. On April 30, he was granted 3,091 RSUs, each representing the right to receive one share of common stock at no cash cost.

The RSUs will vest on April 30, 2027 and, subject to specified exceptions, will be settled in shares of common stock three months and one day after his separation from service. After this grant, Bremner directly holds 30,982 shares of California Resources common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bremner Andrew B.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,091	$0.00	--

Holdings After Transaction: Common Stock — 30,982 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 3,091 units Grant price per RSU: $0.00 per unit Shares after transaction: 30,982 shares +1 more

4 metrics

RSUs granted 3,091 units Restricted stock unit award on April 30, 2026

Grant price per RSU $0.00 per unit Equity compensation, no cash paid by insider

Shares after transaction 30,982 shares Direct holdings following RSU grant

Vesting date April 30, 2027 Date RSUs vest for Andrew B. Bremner

Key Terms

restricted stock units, RSUs, contingent right, separation from service

4 terms

restricted stock units financial

"Represents a grant of restricted stock units ("RSUs"). Each RSU represents"

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.

RSUs financial

"Represents a grant of restricted stock units ("RSUs"). Each RSU represents"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

contingent right financial

"Each RSU represents a contingent right to receive one share of Common Stock."

separation from service financial

"settled in shares of Common Stock on the date that is three months and one day following the Reporting Person's separation from service."

Form 4 Insider Transactions: What Each Field Means →

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^*

Bremner Andrew B.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2026		A(1)		3,091	A	$0	30,982	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 on April 30, 2027 and, subject to certain exceptions, will be settled in shares of Common Stock on the date that is three months and one day following the Reporting Person's separation from service.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Andrew B. Bremner	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did California Resources (CRC) report for Andrew B. Bremner?

California Resources reported that director Andrew B. Bremner received a grant of 3,091 restricted stock units. Each RSU represents a contingent right to one share of common stock, reflecting stock-based compensation rather than an open-market purchase or sale.

How many California Resources (CRC) shares does Andrew B. Bremner hold after this Form 4?

After the reported RSU grant, Andrew B. Bremner directly holds 30,982 shares of California Resources common stock. This total includes the impact of the 3,091 restricted stock units awarded as part of his equity compensation package.

When do Andrew B. Bremner’s new California Resources (CRC) RSUs vest?

The 3,091 restricted stock units granted to Andrew B. Bremner vest on April 30, 2027. Vesting means he will earn the right to receive the underlying common shares, subject to the award’s service-based conditions.

How will the new California Resources (CRC) RSUs be settled for Andrew B. Bremner?

The RSUs will be settled in shares of California Resources common stock three months and one day after Bremner’s separation from service, subject to certain exceptions. Settlement converts vested RSUs into actual shares delivered to him.

Did Andrew B. Bremner buy or sell California Resources (CRC) stock in the market?

No, the Form 4 shows a grant of 3,091 restricted stock units at a price of $0.00 per unit. This is compensation awarded by the company, not an open-market purchase or sale of existing California Resources shares.