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CRC California Resources Corp Insider Trading

Latest: EVP, Chf Strategy Officer & GC Sold $1.6M of Shares · May 2026

Multiple insiders have been active at California Resources Corp (CRC): 10 distinct insiders account for 5 buy filings and 9 sell filings as of May 2026. Its highest-significance filing in the last 90 days: EVP, Chf Strategy Officer & GC Preston Michael L. sold $1.6M, transaction dated May 2026.

14 filings analyzed · Latest 2026-05-12

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Buys
5
Sells
9
Insiders
10
Direction
Net selling

California Resources Corp leadership

COO
Omar Hayat — Executive Vice President and Chief Operating Officer
General Counsel
Michael L. Preston — Executive Vice President, Chief Strategy Officer and General Counsel
Chair
Tiffany (Tj) Thom Cepak — Independent Chair of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-12
medium
EVP, Chf Strategy Officer & GC
26,409 shares
$1,579,675
@ $59.82
Significance 5

EVP & Chief Strategy Officer Preston Michael L. sells 26,409 shares ($1.58M) in California Resources Corp; third open-market sale in 36 months with prior sales well-timed.

Preston Michael L., the company's EVP and Chief Strategy Officer, sold over one-fifth of his holdings in a transaction valued at nearly $1.6M—his third open-market sale within the past three years. This follows a track record at CRC where both of his prior sales proved well-timed: the stock declined meaningfully after each previous exit, suggesting he has been effective at recognizing inflection points in the company's stock price. The current sale occurs as shares trade well below their 52-week highs and have declined over the past month, a context where an executive disposing of shares warrants attention even though the company itself remains profitable with growing annual revenue. CRC's latest quarterly results, however, show a substantial net loss—a departure from the company's otherwise improving fundamentals—which may provide context for why a strategy-focused executive is reducing exposure at this moment. Given Preston's demonstrated track record of well-timed exits at this specific company, this third sale is a signal worth monitoring as it occurs against mixed near-term company performance.

March 2026
2026-03-16
high
3,500,000 shares
$213,850,000
@ $61.10
Significance 6

Major 10% shareholder CPPIB sold 3.50M CRC shares at $61.10, reducing stake by 33.3% to 7.01M; stock up 41.1% in 90 days

CPPIB, a 10% institutional stakeholder, executed a significant open-market sale of 3,500,000 shares at $61.10 on 2026-03-12, reducing its position from 10,506,895 shares to 7,006,895 shares—a 33.3% reduction in holdings totaling $213,850,000 in proceeds. The sale occurred within the stock's 52-week trading range ($32.40–$64.74) at a price 2.7% below the recent high. California Resources Corp has delivered strong recent momentum (+41.1% over 90 days, +10.6% over 30 days) alongside solid fundamentals including $855.0M quarterly revenue, $64.0M net income, and 14.7% annual revenue growth at a P/E of 15.03. The timing and scale of this position reduction warrant investor attention: despite the company's positive momentum and reasonable valuation, the institutional insider is choosing to divest rather than hold or add, which may signal a reassessment of conviction or capital reallocation needs within the fund.

2026-03-12
medium
EVP & Chief Sustainability Off
24,347 shares
$1,514,688
@ $62.21
Significance 5

CRC EVP & Chief Sustainability Officer sold 24,347 shares at $62.21, reducing stake 15.6% to 131,537 shares

Christopher D. Gould, EVP & Chief Sustainability Officer of California Resources Corp, sold 24,347 shares valued at $1,514,687.74 on 2026-03-11 at $62.21 per share, representing a 15.6% reduction of his prior holdings from 155,884 shares to 131,537 shares. The transaction occurred near the 52-week high (stock currently at $62.12, within -4.0% of the $64.74 high), following a 30-day gain of +13.4% and a 90-day gain of +28.6%. CRC's fundamentals show strong performance with P/E of 14.83, annual revenue growth of +14.7%, and quarterly net income of $64,000,000.00 on revenue of $855,000,000.00. The sale reflects a material reduction in his personal exposure to the company despite solid financial momentum.

2026-03-10
medium
Hayat Omar Sell
EVP & Chief Operating Officer
23,000 shares
$1,514,978
@ $65.87
Significance 5

CRC COO Hayat Omar sells 23,000 shares ($1.5M) at $65.87; retains 82,236 shares post-sale

Hayat Omar, EVP & Chief Operating Officer of California Resources Corp, sold 23,000 shares (23.0K shares) for $1,514,977.80 ($1.5M) at $65.87 on 2026-03-09, reducing his holdings by 21.9% from 105,236 shares to 82,236 shares. The sale occurred near the 52-week high of $64.74, with the stock currently at $61.64 after a 30-day gain of 11.2% and a 90-day gain of 29.6%. The company shows solid fundamentals with Revenue of $855,000,000.00 ($855.0M) in the latest quarter, net income of $64,000,000.00 ($64.0M), 14.7% annual revenue growth, and a P/E of 14.71. The sale represents a meaningful reduction in the COO's stake at a price level consistent with recent highs, though the officer retains substantial holdings post-transaction.

2026-03-09
medium
16,372 shares
$1,061,400
@ $64.83
Significance 6

Director McFarland sells 16,372 shares of CRC at $64.83; stock up 15.6% in 30d, 34.9% in 90d; prior CRC sales consistently gained post-trade.

Director Mark Allen McFarland sold 16,372 shares (16.4K shares) at $64.83, reducing his holdings by -17.7% from 92,637 to 76,265 shares. The transaction occurred near the 52-week high of $64.74, with the stock having appreciated +15.6% over the preceding 30 days and +34.9% over 90 days, reflecting strong recent momentum. However, his prior five trades at CRC showed a consistent pattern of poor timing at the 90-day mark: all five previous sells resulted in positive 90-day returns (ranging from +8.4% to +10.6%), meaning the stock rose after his selling, indicating he sold ahead of continued gains rather than ahead of declines. This current sale at a near-peak price following substantial recent appreciation warrants observation of whether this transaction breaks or continues that pattern of sub-optimal exit timing at this security.

2026-03-06
medium
Senior VP and Controller
8,564 shares
$545,590
@ $63.71
Significance 4

CRC Senior VP Repetti sells 8.6K shares at $63.71; holdings drop to 7.7K (-52.7%)

Repetti Noelle M., Senior VP and Controller at California Resources Corp, sold 8,564 shares on 2026-03-05 at $63.71, reducing her post-transaction holdings to 7,684 shares—a 52.7% reduction from her 16,248 pre-transaction position. The sale occurred near the stock's 52-week high ($64.74), with the stock up 15.8% over the prior 30 days and 35.9% over 90 days. Across her cross-ticker history, Repetti's prior sells have yielded an average 90-day return of +1.5%, with 0 of 1 prior sales at CRC being well-timed (the previous sale on 2024-09-17 also produced a positive 90-day return, meaning the stock rose after she sold). The company's fundamentals remain solid—$855.0M in revenue, +14.7% annual growth, and a modest 15.45 P/E—but the material reduction in her holding size merits noting, particularly given the pattern that her prior exit at this ticker was not well-timed on a 90-day basis.

November 2025
2025-11-13
medium
467 shares
$22,227
@ $47.63
Significance 5

Director Roby William B buys 466 shares of CRC at $47.62; stock now at $48.88, down 18.0% from 52-week high of $59.59.

Director Roby William B purchased 466 shares of California Resources Corp at $47.62 on 2025-11-12, increasing his holdings from 56,712 to 57,179 shares. The transaction occurs at a price $1.26 below the current $48.88 market level and represents a modest 0.8% addition to existing holdings. While the company exhibits solid fundamentals—$855.0M quarterly revenue, $64.0M net income, 10.65 P/E ratio, and 14.2% annual revenue growth—the stock trades at an 18.0% discount to its 52-week high of $59.59, suggesting the purchase was made during a period of relative weakness. The director's cross-ticker track record shows prior buys averaged +9.7% over 90 days with a 100% win rate, though his single prior CRC purchase on 2024-05-23 is the only same-ticker data point available to contextualize this transaction.

2025-11-12
medium
President and CEO
5,425 shares
$258,816
@ $47.71
Significance 5

Leon Francisco (President and CEO) purchased 5,425 shares of CRC at $47.71 on 2025-11-12 for $258,815.90, raising holdings to 304,834 shares.

Leon Francisco, CRC's President and CEO, purchased 5,425 shares at $47.71, a price that sits -19.9% from the 52-week high and -4.2% below the 30-day average. The stock trades at a P/E of 10.39 with strong fundamentals: $855.0M in latest quarterly revenue, $64.0M net income, and +14.2% annual revenue growth. However, Francisco's trading history at CRC shows a consistent pattern of well-timed sells—his three prior transactions in 2024 were all well-timed at the 90-day mark, with post-transaction returns ranging from -3.5% to -6.8% over 90 days. This buy transaction occurs after that string of sales, breaking the sell pattern observed over the prior year. The modest increase of 1.8% to his holdings (from 299,409 to 304,834 shares) following extended selling activity warrants investor attention to understand the change in his transaction profile.

March 2025
2025-03-25
low
17 shares
$775
@ $44.49
Significance 2

Director James N Chapman bought 17 CRC shares at $44.49 on 2025-03-21; minimal position increase, near 52-week lows.

James N Chapman, Director at California Resources Corp, purchased 17 shares at $44.49 on 2025-03-21, bringing his holdings from 43,445 to 43,462 shares. The transaction is relatively small in absolute terms and represents a net change of less than 0.1% of his pre-transaction holdings. The current stock price of $43.99 is approximately 26.2% below the 52-week high of $59.59 and down 7.1% in the past 30 days, placing this purchase in a period of declining share price. However, the company's fundamentals remain solid, with $1.4B in quarterly revenue, net income of $345.0M, annual revenue growth of 14.2%, and a P/E ratio of 11.64. Chapman's only prior trade in this stock was a buy 16 days earlier on 2025-03-05, which has not yet had sufficient time for meaningful performance evaluation.

2025-03-06
medium
2,000 shares
$78,840
@ $39.42
Significance 6

CRC Director Chapman purchased 2,000 shares at $39.42; stock now -31.2% from 52-week high

James N Chapman, a director of California Resources Corp, purchased 2,000 shares at $39.42 on 2025-03-05, increasing his holdings to 43,445 shares. The stock has declined significantly since the transaction, trading at $40.97 and down -31.2% from its 52-week high of $59.59, with a -23.6% decline over the past 90 days. Despite the recent weakness, the company maintains solid fundamentals with revenue of $1,353,000,000.00, net income of $345,000,000.00, and annual revenue growth of +14.2%, trading at a P/E of 10.84. The director's purchase suggests management confidence in the company's underlying value at current depressed levels, though the broader downward price trajectory and cumulative losses from the 52-week peak merit investor attention to underlying business developments.

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