Form 4: CRC Senior VP Sells 8,564 Shares of Common Stock

California Resources Corp's Senior VP and Controller, Noelle M. Repetti, sold 8,564 shares of common stock for a weighted average price of $63.7074.

Summary

• Noelle M. Repetti, Senior VP and Controller of California Resources Corp (CRC), reported a sale of common stock.
• The transaction involved the disposition of 8,564 shares of CRC common stock.
• The shares were sold on March 5, 2026, at a weighted average price of $63.7074 per share.
• The sales occurred in multiple transactions with prices ranging from $63.325 to $63.90.
• Following this transaction, Noelle M. Repetti beneficially owns 7,684 shares of common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine disclosure of an insider stock transaction, likely part of a pre-scheduled 10b5-1 plan, and does not inherently signal a significant positive or negative shift in company fundamentals or outlook.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, particularly when executed under a Rule 10b5-1 plan, are a common occurrence for executives managing personal financial portfolios and liquidity. These pre-arranged plans help insiders avoid accusations of trading on material non-public information.

Related Party Transactions

• Noelle M. Repetti, Senior VP and Controller of California Resources Corp, sold 8,564 shares of the company's common stock.

Stakeholder Impact

• Shareholders: The sale of shares by a Senior VP and Controller may be viewed as a routine liquidity event, especially given the indication of a Rule 10b5-1 plan, but could also be interpreted as a slight reduction in insider confidence.

Key Dates

Recommendation

The filing reports a routine insider sale by a Senior VP and Controller. While insider selling can sometimes be a bearish signal, this transaction's volume and the common use of 10b5-1 plans suggest it is likely part of personal financial management rather than a reflection of a significant change in company outlook. Investors should consider this data point in conjunction with broader company fundamentals and market conditions, but it does not warrant a change in investment thesis on its own.

Keywords

California Resources Corp, CRC, Insider Trading, Form 4, Stock Sale, Noelle M. Repetti, Senior VP, Controller, 10b5-1 Plan