Veltmann Alejandra 4

What Happened

• Alejandra Veltmann, a director of California Resources Corp (CRC), was granted 3,091 restricted stock units (RSUs) on 2026-04-30. The RSUs were awarded at no cash cost to the reporting person (reported price $0.00). RSUs are a contingent right to receive one share per RSU when they vest.

Key Details

• Transaction type: A = Award/Grant of RSUs
• Grant date / Period of report: April 30, 2026
• Filing date (Form 4): May 4, 2026 (filed within the standard two-business-day window)
• Shares/units granted: 3,091 RSUs (no cash paid; reported acquisition value $0)
• Vesting / settlement: RSUs vest on April 30, 2027. Per the filing, they are generally settled in common stock on the date three months and one day after the reporting person’s separation from service (see footnote).
• Shares owned after transaction: Not specified in the provided transaction summary.

Context

• This is a compensation award (RSUs), not an open‑market purchase or sale. Such grants are standard executive/director compensation and do not, by themselves, indicate a buy or sell signal. The economic value to the insider will depend on CRC’s stock price at vesting/settlement.