California Resources (NYSE: CRC) EVP surrenders RSUs to cover tax withholding

Rhea-AI Filing Summary

California Resources Corp executive reports tax-related share disposition

California Resources Corp EVP & Chief Sustainability Officer Christopher D. Gould reported a Form 4 transaction involving company common stock. On February 25, 2026, 3,147 shares were disposed of at an indicated price of $58.12 per share to satisfy tax withholding on restricted stock units that vested that day.

According to the filing, this was a tax-withholding disposition of RSUs surrendered to cover taxes, not an open-market sale. After this transaction, Gould directly held 138,422 shares of California Resources Corp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gould Christopher D.

Role EVP & Chief Sustainability Off

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,147	$58.12	$183K

Holdings After Transaction: Common Stock — 138,422 shares (Direct)

Footnotes (1)

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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^*

Gould Christopher D.

(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 Sustainability Off

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)		3,147	D	$58.12	138,422	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 Christopher D. Gould	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.

FAQ

What insider transaction did California Resources Corp (CRC) report for Christopher D. Gould?

California Resources Corp reported that EVP & Chief Sustainability Officer Christopher D. Gould disposed of 3,147 shares. The shares were surrendered to satisfy tax withholding obligations on restricted stock units that vested on February 25, 2026, rather than sold in the open market.

Was the California Resources Corp (CRC) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 3,147 California Resources Corp shares were surrendered as part of a tax-withholding disposition to cover taxes on vested restricted stock units on February 25, 2026, per the filing footnote.

How many California Resources Corp (CRC) shares did Christopher D. Gould dispose of and at what price?

Christopher D. Gould disposed of 3,147 California Resources Corp common shares at an indicated price of $58.12 per share. The transaction was classified as a tax-withholding disposition related to vested restricted stock units, rather than a discretionary buy-or-sell trade in the market.

How many California Resources Corp (CRC) shares does Christopher D. Gould hold after this Form 4 transaction?

After the reported transaction, Christopher D. Gould directly holds 138,422 California Resources Corp common shares. This total reflects his holdings following the surrender of 3,147 shares to satisfy tax withholding obligations tied to restricted stock units that vested on February 25, 2026.

What does transaction code "F" mean in the California Resources Corp (CRC) Form 4?

Transaction code "F" on the California Resources Corp Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects restricted stock units surrendered by Christopher D. Gould to cover tax withholding for RSUs that vested on February 25, 2026.

What role does Christopher D. Gould hold at California Resources Corp (CRC) in this Form 4?

In this Form 4, Christopher D. Gould is identified as an officer of California Resources Corp, serving as Executive Vice President & Chief Sustainability Officer. The reported transaction involves his directly owned common stock and tax-related surrender of shares from vested restricted stock units.