Trade Summary

Yesterday, Preston Michael L., serving as EVP, Chf Strategy Officer, GC at California Resources Corp (CRC), sold 26,409 shares at $59.82 per share, for a total transaction value of $1,579,675.00. Following this transaction, Preston Michael L. now holds 104,214 shares of CRC.

This sale represents a 20.00% decrease in Preston Michael L.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, May 12, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, May 12, 2026, meaning the disclosure happened on the same day as the trade.

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.