CRC exec Omar Hayat awarded 42,355 RSUs, vesting through 2030
Rhea-AI Filing Summary
California Resources Corp (CRC) reported a Form 4 for EVP & Chief Operating Officer Omar Hayat. On 11/04/2025, he received 42,355 restricted stock units (RSUs) at a price of $0, each RSU representing the right to receive one share of common stock.
The RSUs vest as follows: 10% on November 4, 2026, 10% on November 4, 2027, 10% on November 4, 2028, 30% on November 4, 2029, and 40% on November 4, 2030. Following this grant, Hayat beneficially owned 95,038 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,355 shares
Net Buy
1 txn
Insider
Hayat Omar
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,355 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 95,038 shares (Direct)
Footnotes (1)
- F1. Represents grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest as follows: 10% of the RSUs on each of November 4, 2026, 2027 and 2028; 30% of the RSUs on November 4, 2029; and 40% of the RSUs on November 4, 2030.
FAQ
What did CRC's EVP & COO Omar Hayat receive in this Form 4?
He received 42,355 RSUs on 11/04/2025 at a price of $0, each RSU equal to one share of common stock.
What is the vesting schedule for the 42,355 CRC RSUs (CRC)?
Vesting is 10% on 11/04/2026, 10% on 11/04/2027, 10% on 11/04/2028, 30% on 11/04/2029, and 40% on 11/04/2030.
Who is the reporting person and what is their role at CRC?
The Form 4 indicates the reporting person is Omar Hayat, serving as EVP & Chief Operating Officer of California Resources Corp.
What does each CRC RSU represent?
Each RSU represents a contingent right to receive one share of CRC common stock upon vesting.
Was this filing made by one reporting person or a group?
It was filed by one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.