Repetti Noelle M. 4

What Happened Noelle M. Repetti, Senior Vice President and Controller of California Resources Corp (CRC), sold 8,564 shares in an open-market transaction on March 5, 2026. The reported weighted-average sale price was $63.71 per share, for total proceeds of approximately $545,590. This was a sale (S) — sales by insiders are common and may be routine rather than a signal of company outlook.

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-06).
• Transaction type/code: Open-market sale (S).
• Shares sold: 8,564.
• Price: weighted average $63.71; reported range of actual trade prices $63.325 to $63.90 (multiple transactions). Footnote states the filer will provide per-price breakdown on request.
• Total proceeds: ~$545,590.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: filed the next day (not indicated as late).

Context

• Sales by non-10% executives like a Controller are typically routine (e.g., portfolio rebalancing, tax or liquidity needs); they do not by themselves prove a change in insider confidence.
• The filing discloses a weighted-average price and a price range; full per-trade details can be requested from CRC or the SEC staff if desired.