California Resources Corp President and CEO Francisco Leon filed a Form 4 on November 9, 2026, disclosing an open-market purchase of 800 shares of common stock on November 6, 2026.

Key Highlights

  • Transaction: Francisco Leon acquired 800 shares of California Resources Corp common stock on November 6, 2026.
  • Weighted average price: Shares were purchased at a weighted average price of $46.6348, with individual transaction prices ranging from $46.52 to $46.75, inclusive.
  • Beneficial ownership after transaction: Leon directly holds 333,177 shares of common stock following the reported transaction.
  • Role: The reporting person is identified as both a Director and President and CEO of California Resources Corp.
  • Transaction code: The filing reports a "P" (open-market purchase) code, with no derivative securities transactions reported.

California Resources Corp CEO Francisco Leon Opens Market Purchase on November 6, 2026

According to the Form 4 filed with the SEC on November 9, 2026, Francisco Leon, President and CEO and Director of California Resources Corp (NYSE:CRC), purchased 800 shares of CRC common stock on November 6, 2026. The transaction was coded "P," indicating an open-market purchase, and was reported as a direct acquisition.

The filing states that the price reported is a weighted average of $46.6348 per share. The shares were purchased in multiple transactions at prices ranging from $46.52 to $46.75, inclusive. Per the filing, Leon "undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within the range set forth." Following the transaction, Leon's direct beneficial ownership stands at 333,177 shares of common stock, according to the filing.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Ulrik Damborg as Attorney-in-Fact for Francisco Leon on November 9, 2026. No amendment date was indicated, suggesting this is an original filing.

What Was Disclosed

The filing discloses that California Resources Corp's President and CEO Francisco Leon purchased 800 shares of common stock on November 6, 2026, at a weighted average price of $46.6348 per share, bringing his direct beneficial ownership to 333,177 shares.