Crescent Energy (CRGY) director awarded 17,411 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROWLAND MARCUS C reported acquisition or exercise transactions in this Form 4 filing.
Crescent Energy Co director Marcus C. Rowland received a grant of 17,411 Class A Common Stock restricted stock units (RSUs). The RSUs were awarded at no cash cost as equity compensation and increase his direct holdings to 97,446 shares of Class A Common Stock.
Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest on April 1, 2027, provided Rowland maintains continuous service with Crescent Energy Co through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROWLAND MARCUS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,411 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 97,446 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 17,411 RSUs
Holdings after grant: 97,446 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
17,411 RSUs
Class A Common Stock award to director on April 1, 2026
Holdings after grant
97,446 shares
Class A Common Stock directly held after RSU award
Grant price per share
$0.00 per share
Compensation grant with no cash paid by reporting person
RSU vesting date
April 1, 2027
Vesting contingent on continuous service through this date
Key Terms
restricted stock units, RSUs, 2021 Equity Incentive Plan, contingent right
4 terms
restricted stock units financial
"The shares of Crescent Energy Company ... are restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2021 Equity Incentive Plan financial
"RSUs granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
FAQ
What did Crescent Energy Co (CRGY) disclose in this Form 4 for Marcus C. Rowland?
Crescent Energy Co reported that director Marcus C. Rowland received 17,411 restricted stock units (RSUs) of Class A Common Stock. These were granted as equity compensation and increase his directly held Class A Common Stock position to 97,446 shares after the transaction.
When do Marcus C. Rowland’s new Crescent Energy Co (CRGY) RSUs vest?
The 17,411 restricted stock units granted to Marcus C. Rowland will vest on April 1, 2027. Vesting is conditioned on his continuous service with Crescent Energy Co through that date, meaning he must remain in service for the award to fully convert into shares.
What plan governs the restricted stock units granted to the Crescent Energy Co (CRGY) director?
The restricted stock units granted to Marcus C. Rowland were issued under the Crescent Energy Company 2021 Equity Incentive Plan. This plan provides equity-based awards, and each RSU in this grant represents a contingent right to receive one share of Class A Common Stock at vesting.