EVP Sells $1.5M in Common Stock Amidst Broader Insider Distribution

summarizeSummary

Christopher D. Gould, EVP & Chief Sustainability Officer of California Resources Corp, sold over $1.5 million worth of common stock in an open market transaction.

check_boxKey Events

• Executive Stock Sale

  Christopher D. Gould, EVP & Chief Sustainability Officer, disposed of 24,347 shares of common stock on March 11, 2026.

• Transaction Value

  The sale was executed for a total value of $1,514,688 at a weighted average price of $62.21 per share.

• Insider Activity Pattern

  This sale contributes to a recent pattern of insider distribution, with over $3.1 million in net insider sales over the last 90 days from 3 active insiders, following a similar sale by the COO on March 10th.

auto_awesomeAnalysis

This Form 4 reports a significant open market sale by a key executive, Christopher D. Gould, EVP & Chief Sustainability Officer. While the transaction represents a small percentage of the company's large market capitalization, the absolute dollar value of over $1.5 million is notable. This sale follows other recent insider sales, including a similar transaction by the COO on March 10th, indicating a broader trend of distribution among executives. Investors may interpret this as a signal regarding executive sentiment, especially following the company's recent earnings report and debt offering announcements.