Form 4: California Resources Corp Director William B. Roby Acquires Additional Shares
SEC Form 4 Filing
Director William B. Roby purchased 388.5 shares of California Resources Corp (CRC) at $46.965 per share on May 23, 2024, increasing his direct holdings to 51,014.5 shares.
Summary
- On May 23, 2024, William B. Roby, a director of California Resources Corp (CRC), acquired 388.5 shares of common stock.
- The purchase price was $46.965 per share.
- Following the transaction, Roby directly owns 51,014.5 shares of CRC common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock purchase by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (such as directors or officers) of a publicly traded company buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it indicates that a director is investing in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: William B. Roby purchased shares of California Resources Corp. |
| 05/24/2024 | Date of signature by Attorney-in-Fact for William B Roby. |
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