Crescent Energy CFO awarded 300,000 shares
The restricted shares are scheduled to vest in five equal annual installments beginning in March 2027, subject to their terms.
Rhea-AI Filing Summary
Crescent Energy Co (CRGY) Chief Financial Officer Kendall Brandi acquired 300,000 restricted shares on September 23, 2026. The shares were owned by KKR Energy Assets Manager LLC or one of its affiliates and awarded to Brandi; they will vest in five equal annual installments beginning in March 2027, subject to their terms. Brandi reported 356,023 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 300,000 shares
Other
1 txn
Insider
Kendall Brandi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A common stock, par value $0.0001 per share F1 | 300,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A common stock, par value $0.0001 per share — 356,023 shares (Direct)
Footnotes (1)
- F1. Represents shares of Crescent Energy Company Class A common stock owned by KKR Energy Assets Manager LLC or one of its affiliates and awarded as restricted shares to the Reporting Person. These restricted shares will vest in five equal annual installments beginning in March 2027, subject to their terms.
Key Figures
Restricted shares acquired: 300,000 shares
Shares following transaction: 356,023 shares
Vesting schedule: 5 annual installments
3 metrics
Restricted shares acquired
300,000 shares
Acquired September 23, 2026
Shares following transaction
356,023 shares
Kendall Brandi’s reported position after the transaction
Vesting schedule
5 annual installments
Beginning in March 2027, subject to the shares’ terms
Key Terms
restricted shares, vest, par value
3 terms
vest financial
"will vest in five equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
par value financial
"Class A common stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was Kendall Brandi’s CRGY transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.