Kendall Christian S 4

What Happened

• Kendall Christian, a director of California Resources Corp (CRC), was granted 3,091 restricted stock units (RSUs) on April 30, 2026. The Form 4 reports the acquisition at $0.00 (typical for RSU grants — no cash purchase price). This is an equity award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-04 (filed within the SEC’s 2-business-day window).
• Grant size: 3,091 RSUs; reported acquisition price: $0.00 (award).
• Vesting/settlement: RSUs vest on April 30, 2027 and, subject to certain exceptions, will be settled in shares of Common Stock on the date three months and one day after the reporting person’s separation from service (per filing footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant of equity.

Context

• RSU grants are a common form of long-term compensation for directors and executives; they do not involve an immediate cash outlay or sale of stock. Because these RSUs vest in one year, their economic value to the insider depends on CRC’s share price at vesting and any applicable company or employment conditions. This filing is informational and does not by itself indicate a buy or sell signal.