Noelle M. Repetti - 17 Sep 2024 Form 4 Insider Report for California Resources Corp (CRC)

Signature
/s/ Ulrik Damborg, Attorney-in-Fact for Noelle M. Repetti
Issuer symbol
CRC
Transactions as of
17 Sep 2024
Net transactions value
-$530,000
Form type
4
Filing time
18 Sep 2024, 18:10:49 UTC
Previous filing
26 Feb 2024
Next filing
07 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRC Common Stock Sale $530,000 -10,000 -37% $53.00 17,301 17 Sep 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported herein occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 13, 2024.