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Crescent Energy (CRGY) director reports award shares and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crescent Energy Co director and officer Brandi Kendall reported two non-market transactions in Class A common stock. On earned shares from a performance-based Manager Award originally granted to KKR Energy Assets Manager LLC, 43,935 shares were delivered to Kendall and 11,259 shares were withheld to cover tax obligations. Following these restructuring transactions, Kendall directly holds 56,023 shares of Crescent Energy Class A common stock.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kendall Brandi

(Last)(First)(Middle)
600 TRAVIS STREET, SUITE 7200

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Crescent Energy Co [ CRGY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
See remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock, par value $0.0001 per share03/16/2026J43,935(1)A$067,282D
Class A common stock, par value $0.0001 per share03/16/2026J11,259(2)D$11.856,023D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares of Crescent Energy Company Class A common stock ("Common Stock") reported were delivered to the reporting person at the direction of KKR Energy Assets Manager LLC (the "Manager") and represent a portion of the earned shares under the performance-based vesting award (the "Manager Award") originally granted to the Manager on December 6, 2021 under the Crescent Energy Company 2021 Manager Incentive Plan.
2. Represents shares of Common Stock withheld by the Manager to satisfy tax withholding obligations with respect to the portion of the earned shares under the Manager Award delivered to the reporting person.
Remarks:
Chief Financial Officer
/s/ Bo Shi, as attorney-in-fact for Brandi Kendall03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Crescent Energy (CRGY) report for Brandi Kendall?

Crescent Energy reported two non-market transactions for director and officer Brandi Kendall involving 55,194 shares of Class A common stock tied to a performance-based Manager Award and related tax withholding adjustments.

How many Crescent Energy (CRGY) shares does Brandi Kendall hold after these Form 4 transactions?

After the reported restructuring transactions, Brandi Kendall directly holds 56,023 shares of Crescent Energy Class A common stock, reflecting delivery of earned award shares and shares withheld to satisfy associated tax obligations.

Were Brandi Kendall’s Crescent Energy (CRGY) transactions open-market buys or sells?

The transactions were coded as “J” for other acquisition or disposition, reflecting delivery of performance-based award shares and related tax withholding, not open-market purchases or sales of Crescent Energy stock.

What is the source of the Crescent Energy (CRGY) shares delivered to Brandi Kendall?

The delivered Crescent Energy shares came from a performance-based vesting award originally granted to KKR Energy Assets Manager LLC under the Crescent Energy Company 2021 Manager Incentive Plan, with a portion directed to Brandi Kendall.

Why were some Crescent Energy (CRGY) shares withheld in Brandi Kendall’s Form 4 filing?

A portion of the earned Crescent Energy shares was withheld by KKR Energy Assets Manager LLC to satisfy tax withholding obligations associated with the Manager Award shares delivered to Brandi Kendall under the incentive plan.
Crescent Energy Company

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