Crescent Energy director receives stock award shares
Crescent Energy Co director and officer Brandi Kendall reported two non-market transactions in Class A common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A common stock, par value $0.0001 per share | 43,935 | $0.00 | $0.00 |
| Other | Class A common stock, par value $0.0001 per share | 11,259 | $11.80 | $133K |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Crescent Energy (CRGY) report for Brandi Kendall?
Were Brandi Kendall’s Crescent Energy (CRGY) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.