Trade Summary
6 days ago, Canada Pension Plan Investment Board, serving as 10% owner at California Resources Corp (CRC), sold 3,500,000 shares at $61.10 per share, for a total transaction value of $213,850,000.00. Following this transaction, Canada Pension Plan Investment Board now holds 7,006,895 shares of CRC.
This sale represents a 33.00% decrease in Canada Pension Plan Investment Board's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 16, 2026, 4 days after the trade was made.
California Resources Corp operates in the ENERGY sector, specifically within the OIL & GAS E&P industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.