STOCK TITAN

Crescent Energy (CRGY) director awarded 17,411 RSUs vesting in 2027

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

Rhea-AI Filing Summary

Brown Bevin reported acquisition or exercise transactions in this Form 4 filing.

Crescent Energy Co director Bevin Brown received a grant of 17,411 restricted stock units (RSUs) of Class A common stock as equity compensation. After this award, his reported direct holdings increased to 42,765 shares. Each RSU represents a contingent right to one share of common stock.

The RSUs will vest on April 1, 2027, if he continues serving through that date. Brown serves on the Board as a nominee of PT Independence Energy Holdings LLC and is affiliated with Liberty Energy Holdings, LLC. He has agreed to transfer any director compensation, including shares received from these RSUs, to Liberty and disclaims beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Brown Bevin
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 17,411 $0.00 --
Holdings After Transaction: Class A Common Stock — 42,765 shares (Direct)
Footnotes (1)
  1. The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2027, subject to the reporting person's continuous service through such date. The reporting person serves on the Board of Directors of the Issuer as a nominee of PT Independence Energy Holdings LLC ("PT Independence") and is an officer of, and an employee of an affiliate of, Liberty Energy Holdings, LLC ("Liberty"), a member of PT Independence. The reporting person has agreed that he will not receive any separate compensation for serving as a director of the Issuer and will transfer to Liberty any director compensation he receives from the Issuer, including any Common Stock received in settlement of the RSUs. The reporting person disclaims beneficial ownership of such RSUs, except to the extent of his pecuniary interests therein.
RSU grant size 17,411 RSUs Equity award of Class A common stock RSUs to director
Holdings after transaction 42,765 shares Reported direct Class A common stock holdings after RSU grant
Vesting date April 1, 2027 Date when RSUs vest, subject to continuous service
restricted stock units ("RSUs") financial
"The shares ... reported are restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Equity Incentive Plan financial
"RSUs granted ... pursuant to the Crescent Energy Company 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
pecuniary interests financial
"The reporting person disclaims beneficial ownership of such RSUs, except to the extent of his pecuniary interests therein"
Board of Directors financial
"The reporting person serves on the Board of Directors of the Issuer as a nominee of PT Independence"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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*
Brown Bevin

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Stock04/01/2026A17,411A$0(1)42,765D(2)
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 (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2027, subject to the reporting person's continuous service through such date.
2. The reporting person serves on the Board of Directors of the Issuer as a nominee of PT Independence Energy Holdings LLC ("PT Independence") and is an officer of, and an employee of an affiliate of, Liberty Energy Holdings, LLC ("Liberty"), a member of PT Independence. The reporting person has agreed that he will not receive any separate compensation for serving as a director of the Issuer and will transfer to Liberty any director compensation he receives from the Issuer, including any Common Stock received in settlement of the RSUs. The reporting person disclaims beneficial ownership of such RSUs, except to the extent of his pecuniary interests therein.
Remarks:
/s/ Bo Shi, as attorney-in-fact for Bevin Brown04/02/2026
** 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 did Crescent Energy (CRGY) disclose about Bevin Brown in this Form 4?

Crescent Energy reported that director Bevin Brown received 17,411 restricted stock units of Class A common stock as equity compensation, increasing his reported direct holdings to 42,765 shares, subject to vesting and transfer arrangements described in the filing footnotes.

How many RSUs were granted to Crescent Energy (CRGY) director Bevin Brown?

Bevin Brown was granted 17,411 restricted stock units of Crescent Energy Class A common stock. Each RSU represents a contingent right to receive one share, subject to vesting conditions tied to his continued service on the company’s Board of Directors.

When do Bevin Brown’s RSUs in Crescent Energy (CRGY) vest?

The 17,411 restricted stock units granted to Bevin Brown vest on April 1, 2027. Vesting is contingent on his continuous service with Crescent Energy through that date, meaning he must remain in his role to receive the underlying shares.

What are Bevin Brown’s reported Crescent Energy (CRGY) holdings after this RSU grant?

Following the grant, Bevin Brown’s reported direct holdings total 42,765 shares of Crescent Energy Class A common stock. This figure reflects the position reported after the equity award, as disclosed in the non-derivative transaction table of the Form 4.

How is director compensation from Crescent Energy (CRGY) handled for Bevin Brown?

Bevin Brown has agreed to transfer any director compensation from Crescent Energy, including shares received upon RSU settlement, to Liberty Energy Holdings, LLC. He serves as an officer and affiliate employee there and disclaims beneficial ownership except for his pecuniary interest.

Why does Bevin Brown disclaim beneficial ownership of Crescent Energy (CRGY) RSUs?

He disclaims beneficial ownership because he has agreed to transfer any director compensation, including common stock from RSU settlement, to Liberty Energy Holdings, LLC. His economic interest is limited to his pecuniary stake, as explained in the detailed footnote to the Form 4.