Traders should monitor for potential downward pressure on CRC shares, particularly if this selling continues into next quarter. The participation of the COO — a core operational leader — raises questions about internal confidence ahead of earnings or commodity price shifts.
Price Chart
Executive Summary
Three corporate insiders at California Resources Corp (CRC) sold shares in the past week, including the EVP & Chief Operating Officer and a Director, generating over $3.1 million in total proceeds from open-market transactions. The sales represent a coordinated cluster of insider selling by senior executives, with the COO accounting for nearly half the total value.
Key Financial Metrics
Key Facts
- EVP & Chief Operating Officer Hayat Omar sold 23,000 shares for $1.51M at ~$65.87 per share
- Director Mark Allen McFarland sold 16,372 shares for $1.06M at ~$64.83 per share
- Senior VP and Controller Noelle Repetti sold 8,564 shares for $545,590 at ~$63.71 per share
- Total open-market sales: $3.12M across 47,936 shares
- All transactions were open-market sales (Form 4 code 'S'), not driven by tax events or grants
Financial Impact
$3.12 million in insider selling over 7 days, representing ~0.055% of CRC's $5.7B market cap
Risk Factors
- Insider selling may signal concerns about near-term performance or oil price exposure
- Risk of negative market perception amplifying selling pressure
- Potential for follow-on disclosures revealing additional sales or downward guidance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-CRC-1773179826406 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $53.75 $55.57 | ▲ +3.39% | ▲ +4.30% | $51.66 (−3.89%) |
Aug 10, 2026 7w ago | Press Release | $53.75 $55.57 | ▲ +3.39% | ▲ +4.30% | $51.66 (−3.89%) |
Jul 14, 2026 11w ago | 8-K | $52.32 $54.13 | ▲ +3.46% | ▲ +0.97% | $51.66 (−1.26%) |
Jun 26, 2026 14w ago | 8-K | $52.60 $53.47 | ▲ +1.65% | ▲ +1.93% | $51.66 (−1.79%) |
Jun 16, 2026 15w ago | 8-K | $55.35 $52.09 | ▼ −5.89% | ▼ −7.21% | $51.66 (−6.67%) |
Jun 16, 2026 15w ago | 8-K | $56.25 $52.32 | ▼ −6.99% | ▼ −7.19% | $51.66 (−8.16%) |
May 5, 2026 21w ago | 8-K | $61.46 $62.20 | ▲ +1.20% | ▼ −1.58% | $51.66 (−15.95%) |
May 5, 2026 21w ago | Press Release | $61.46 $62.20 | ▲ +1.20% | ▼ −1.58% | $51.66 (−15.95%) |
Apr 17, 2026 24w ago | 8-K | $62.18 $62.50 | ▲ +0.51% | ▼ −3.69% | $51.66 (−16.92%) |
Mar 18, 2026 28w ago | DEFA14A | $62.91 $62.74 | ▼ −0.27% | ▼ −7.89% | $51.66 (−17.88%) |
US Market Status
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