California Resources Corp
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
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Item 5. Other Disclosures
Rule 10b5-1 Trading Arrangements
On September 12, 2024, Omar Hayat, our Executive Vice President of Operations, entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The trading arrangement will be in effect from December 12, 2024 to March 12, 2025. An aggregate of up to 16,016 shares may be sold pursuant to this trading arrangement.
On September 12, 2024, Michael L. Preston, our Executive Vice President, Chief Strategy Officer and General Counsel entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The trading arrangement will be in effect from December 12, 2024 to January 9, 2025. An aggregate of up to 83,000 shares may be sold pursuant to this trading arrangement.
During the three months ended September 30, 2024, no other directors or officers adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.
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