Award-linked share delivery for Crescent Energy (CRGY) insider Todd Falk

Rhea-AI Filing Summary

Crescent Energy Co insider Todd Falk reported two "other" transactions in Class A common stock. On the reported date, 11,725 shares were delivered to him at the direction of KKR Energy Assets Manager LLC under a performance-based Manager Award granted in 2021. A separate 3,400-share entry reflects stock that the Manager withheld to cover tax obligations tied to the earned shares. Following these compensation-related adjustments, Falk holds 18,725 shares of Crescent Energy Class A common stock directly.

SEC Form 4

FORM 4

UNITED 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
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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^*

Falk Todd

(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)

	Director		10% Owner
X	Officer (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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A common stock, par value $0.0001 per share	03/16/2026		J		11,725(1)	A	$0	18,725	D
Class A common stock, par value $0.0001 per share	03/16/2026		J		3,400(2)	D	$11.8	15,325	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Accounting Officer

	/s/ Bo Shi, as attorney-in-fact for Mr. Todd Falk	03/18/2026
	** Signature of Reporting Person	Date
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 transaction did Todd Falk report for Crescent Energy (CRGY)?

Todd Falk reported two Form 4 transactions classified as “other.” He received Crescent Energy Class A shares under a performance-based Manager Award, while additional shares were withheld by the award manager to satisfy related tax withholding obligations.

How many Crescent Energy (CRGY) shares were delivered to Todd Falk?

11,725 Crescent Energy Class A common shares were delivered to Todd Falk. These shares represent part of the earned portion of a performance-based Manager Award originally granted in December 2021 under Crescent Energy’s 2021 Manager Incentive Plan.

Why were some Crescent Energy (CRGY) shares withheld in Todd Falk’s Form 4?

3,400 Crescent Energy Class A shares were withheld by KKR Energy Assets Manager LLC. According to the filing, this withholding satisfied tax obligations associated with the earned shares delivered to Todd Falk under the performance-based Manager Award.

How many Crescent Energy (CRGY) shares does Todd Falk hold after these transactions?

After the reported transactions, Todd Falk directly holds 18,725 Crescent Energy Class A common shares. This reflects his position following delivery of earned award shares and the separate withholding of shares to cover related tax obligations.

What is the source of the Crescent Energy (CRGY) shares reported for Todd Falk?

The shares came from a performance-based vesting Manager Award granted December 6, 2021, to KKR Energy Assets Manager LLC. A portion of the earned shares under this award was directed to be delivered to Todd Falk, as disclosed in the footnotes.

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

No. The transactions are coded as “J” for other acquisition or disposition. The filing explains they relate to delivery of performance-based award shares and tax withholding, not open-market purchases or sales of Crescent Energy stock.