Crescent Energy (CRGY) exec logs performance award shares and tax withholding

Rhea-AI Filing Summary

Crescent Energy Co director and officer David C. Rockecharlie reported compensation-related stock movements rather than open-market trades. On 2026-03-16, 140,700 shares of Class A common stock were delivered to him at the direction of KKR Energy Assets Manager LLC as part of earned shares under a performance-based Manager Award granted in December 2021. A separate entry shows 43,359 shares withheld by the Manager to cover tax obligations on these earned shares. Following these entries, he directly owns 207,341 Class A shares, reflecting a restructuring of award shares rather than a traditional buy or sell.

Insights

Equity compensation analyst

Form 4 reflects vesting and tax withholding, not market trades.

The transactions for Crescent Energy Co involve Class A common stock tied to a performance-based Manager Award originally granted on December 6, 2021. Shares were delivered to David C. Rockecharlie at the direction of KKR Energy Assets Manager LLC, indicating incentive compensation vesting.

A portion of the earned shares was withheld by the Manager to satisfy tax obligations, a common non-market mechanism. No open-market buys or sells were reported, and the filing shows a post-transaction direct holding of 207,341 shares. These are routine equity-compensation adjustments rather than thesis-changing insider trades.

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

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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^*

Rockecharlie David C.

(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)

X	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		140,700(1)	A	$0	250,700	D
Class A common stock, par value $0.0001 per share	03/16/2026		J		43,359(2)	D	$11.8	207,341	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 Executive Officer

	/s/ Bo Shi, as attorney-in-fact for Mr. David C. Rockecharlie	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 transactions did Crescent Energy Co (CRGY) report for David C. Rockecharlie?

Crescent Energy Co reported two Form 4 entries on Class A common stock for David C. Rockecharlie. Both are coded as “J” other transactions, reflecting delivery of earned performance-based award shares and related tax withholding, rather than open-market purchases or sales of CRGY stock.

How many Crescent Energy (CRGY) shares were delivered to David C. Rockecharlie?

A total of 140,700 Crescent Energy Class A common shares were delivered to David C. Rockecharlie. The shares represent part of the earned portion of a performance-based vesting Manager Award originally granted on December 6, 2021 under the company’s 2021 Manager Incentive Plan.

Why were some Crescent Energy (CRGY) shares withheld in this Form 4 filing?

The Form 4 notes that 43,359 Crescent Energy Class A shares were withheld by KKR Energy Assets Manager LLC. These shares were retained to satisfy tax withholding obligations tied to the earned portion of the performance-based Manager Award delivered to David C. Rockecharlie.

Are these Crescent Energy (CRGY) Form 4 transactions open-market buys or sells?

The transactions are not open-market buys or sells. Both are coded “J” for other acquisition or disposition and described as delivery of earned performance-based award shares and associated tax withholding, which are routine equity-compensation mechanics rather than discretionary trading in Crescent Energy stock.

How many Crescent Energy (CRGY) shares does David C. Rockecharlie hold after these transactions?

After the reported transactions, David C. Rockecharlie directly holds 207,341 Crescent Energy Class A common shares. This total reflects both the delivery of earned performance-based award shares and the portion withheld by the Manager to cover related tax obligations on the award.

What is the role of KKR Energy Assets Manager LLC in the Crescent Energy (CRGY) Form 4?

KKR Energy Assets Manager LLC directed delivery of the earned shares and withheld a portion for taxes. It is identified as the Manager under Crescent Energy’s 2021 Manager Incentive Plan and is linked to the performance-based Manager Award that generated these Form 4 share movements.