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.