Tax withholding shifts 44,731 Crescent Energy (CRGY) shares from COO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crescent Energy Co Chief Operating Officer Jerome D. Hall Jr. reported a tax-withholding transaction involving 44,731 shares of Class A Common Stock at $11.99 per share. The shares were delivered to cover tax obligations rather than sold on the open market, and Hall now directly holds 139,164 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hall Jerome D JR
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 44,731 | $11.99 | $536K |
Holdings After Transaction:
Class A Common Stock — 139,164 shares (Direct, null)
Footnotes (1)
Key Figures
Shares used for tax withholding: 44,731 shares
Transaction price: $11.99 per share
Shares held after transaction: 139,164 shares
3 metrics
Shares used for tax withholding
44,731 shares
Tax-withholding disposition, transaction code F
Transaction price
$11.99 per share
Value applied to shares delivered for taxes
Shares held after transaction
139,164 shares
Direct holdings following Form 4 event
Key Terms
Class A Common Stock, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Crescent Energy (CRGY) report on this Form 4?
Crescent Energy reported its COO Jerome D. Hall Jr. completed a tax-withholding disposition of 44,731 Class A Common shares at $11.99 each, delivering stock to satisfy tax obligations instead of executing an open-market sale.
Was the Crescent Energy (CRGY) COO’s Form 4 transaction an open-market sale?
No, the transaction was coded “F,” indicating payment of tax liability by delivering securities. This means shares were withheld or delivered for taxes, not actively sold on the open market for investment or portfolio reasons.
What does transaction code F mean in the Crescent Energy (CRGY) Form 4?
Transaction code F in this Form 4 is described as “Payment of exercise price or tax liability by delivering securities.” It signals the event is a tax or exercise-related share delivery, not a discretionary open-market purchase or sale by the insider.