Repetti Noelle M. 4

What Happened
Noelle M. Repetti, Senior Vice President and Controller of California Resources Corporation (CRC), received a grant of 3,638 restricted stock units (RSUs) on March 2, 2026. The filing reports an acquisition price of $0.00 (typical for RSU awards); the units represent a contingent right to receive one share of CRC common stock upon vesting.

Key Details

• Transaction date: 2026-03-02; Form 4 filed 2026-03-03.
• Transaction type/code: Award/Grant (A).
• Amount: 3,638 RSUs; reported acquisition price $0.00.
• Vesting: RSUs vest in three equal annual installments on March 2 of 2027, 2028 and 2029 (per filing footnote).
• Shares owned after the transaction: not specified in this filing.
• No tax withholding, sell, purchase or 10b5-1 plan noted in the filing.
• Filing appears timely (filed one day after the reported grant).

Context
RSU awards are compensation granted to insiders and do not reflect an immediate cash purchase or sale; value to the holder depends on CRC’s stock price at each vesting date. This report documents an equity award rather than insider buying or selling activity.