EVP Sells $1.5M in Common Stock Amidst Broader Insider Distribution
CRC has more than doubled off its 52-week low of $30.97 on elevated volume (2.1× avg).
Summary
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.
Key Events · Ownership and Investor Activity · CRC
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Executive Stock Sale
Christopher D. Gould, EVP & Chief Sustainability Officer, disposed of 24,347 shares of common stock on March 11, 2026.
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Transaction Value
The sale was executed for a total value of $1,514,688 at a weighted average price of $62.21 per share.
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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.
Analysis · CRC · Energy & Transportation
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.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRC was trading at $62.12 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.5B. The 52-week trading range was $30.97 to $66.35. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.