California Resources grants 3,091 RSUs to director
Bremner Andrew B. reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,091 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
contingent right financial
separation from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did California Resources (CRC) report for Andrew B. Bremner?
When do Andrew B. Bremner’s new California Resources (CRC) RSUs vest?
How will the new California Resources (CRC) RSUs be settled for Andrew B. Bremner?
Did Andrew B. Bremner buy or sell California Resources (CRC) stock in the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.