Bys Jay A. 4

What Happened Jay A. Bys, EVP & Chief Commercial Officer of California Resources Corp (CRC), surrendered 2,809 restricted stock units (RSUs) that vested on Feb 25, 2026 to satisfy tax withholding. The filing reports these 2,809 shares disposed at $58.12 per share, with a total value of about $163,259. This was a tax-withholding surrender (routine), not an open-market sale or a purchase.

Key Details

• Transaction date: Feb 25, 2026; Filing date: Feb 27, 2026 (filed within the typical 2-business-day window).
• Price reported: $58.12 per share; Shares surrendered/disposed: 2,809; Total value: ~$163,259.
• Transaction code: F (payment of exercise price or tax liability) — here used for tax withholding on vested RSUs.
• Footnote: F1 — RSUs were surrendered to satisfy tax withholding for RSUs that vested on Feb 25, 2026.
• Shares owned after the transaction: Not specified in the provided filing.

Context This was a routine, administrative transaction to cover withholding taxes on vested RSUs — the company retained the surrendered shares rather than a market sale. Such tax-withholding surrenders are common and generally don't indicate insider sentiment about the company's stock.