California Resources (NYSE: CRC) executive surrenders 750 shares for tax withholding

Rhea-AI Filing Summary

California Resources Corp Senior VP and Controller Noelle M. Repetti reported a Form 4 transaction involving company common stock. On February 22, 2026, 750 shares were disposed of at $59.22 per share through a tax-withholding disposition related to restricted stock units that vested the same day. After this transaction, her directly held common stock position stood at 12,934 shares.

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

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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^*

Repetti Noelle M.

(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)
	Senior VP and Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

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	02/22/2026		F(1)		750	D	$59.22	12,934	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 22, 2026.

Remarks:

	/s/ Ulrik Damborg, Attorney-in-Fact for Noelle M. Repetti	02/24/2026
	** 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).
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FAQ

What insider transaction did CRC executive Noelle Repetti report on this Form 4?

Noelle M. Repetti reported disposing of 750 shares of California Resources Corp common stock. The shares were used to satisfy tax withholding obligations for restricted stock units that vested on February 22, 2026, rather than an open-market sale.

At what price were the California Resources Corp shares valued in the reported transaction?

The 750 shares in the Form 4 were valued at $59.22 per share. This price is used to calculate the value of the shares surrendered to cover tax withholding related to vested restricted stock units for the CRC executive.

How many California Resources Corp shares does Noelle Repetti hold after this Form 4 transaction?

Following the tax-withholding disposition, Noelle M. Repetti directly holds 12,934 shares of California Resources Corp common stock. This figure reflects her position after surrendering 750 shares in connection with the vesting of restricted stock units.

What was the purpose of the 750 CRC shares disposed of by Noelle Repetti?

The 750 shares were surrendered to satisfy tax withholding obligations arising from restricted stock units that vested on February 22, 2026. The Form 4 identifies the transaction as a tax-withholding disposition, not a conventional market sale or purchase.

What type of security is involved in Noelle Repetti’s California Resources Corp Form 4 filing?

The Form 4 transaction involves California Resources Corp common stock. The shares were connected to restricted stock units that vested, with a portion—750 shares—disposed of to cover associated tax withholding requirements on February 22, 2026.