California Resources Corp 8-K

What Happened

• California Resources Corporation filed an 8‑K on May 5, 2026 announcing its financial condition and results of operations for the quarter ended March 31, 2026 (press release furnished as Exhibit 99.1).
• The company also reported results from its 2026 Annual Meeting of Stockholders held April 30, 2026, where all nine director nominees were elected and several routine proposals were voted on.

Key Details

• 8‑K filed May 5, 2026 disclosing Q1 2026 quarterly results (press release included as Exhibit 99.1).
• Directors elected (votes For / Withheld; broker non‑votes = 2,978,368 for each nominee):
  • Andrew Bremner: 80,957,744 For; 478,389 Withheld
  • Tiffany (TJ) Thom Cepak: 81,114,915 For; 321,218 Withheld
  • James N. Chapman: 80,761,492 For; 674,641 Withheld
  • James R. Jackson: 81,279,400 For; 156,733 Withheld
  • Christian S. Kendall: 78,671,214 For; 2,764,919 Withheld
  • Francisco J. Leon: 81,280,018 For; 156,115 Withheld
  • Mark A. (Mac) McFarland: 81,280,348 For; 155,785 Withheld
  • William B. Roby: 80,358,733 For; 1,077,400 Withheld
  • Alejandra (Ale) Veltmann: 80,392,617 For; 1,043,516 Withheld
• Independent auditor ratification: KPMG LLP was ratified as independent registered public accounting firm for fiscal 2026 (84,090,991 For; 196,747 Against; 126,763 Abstentions).
• Advisory vote on executive compensation (say‑on‑pay) approved (68,885,474 For; 12,331,300 Against; 219,359 Abstentions; 2,978,368 Broker non‑votes).

Why It Matters

• The 8‑K signals that CRC has publicly reported its quarterly financial and operational results for Q1 2026 — investors should review the press release (Exhibit 99.1) for revenue, earnings, cash flow, production and management commentary that could affect the stock.
• The re‑election of all nine directors and approval of KPMG reflect board continuity and routine governance outcomes; the approved say‑on‑pay indicates shareholder backing for the company’s executive compensation approach.
• These are material, non‑speculative items for shareholders: the earnings release contains the financial details to assess near‑term performance, while the annual meeting results confirm governance stability.