Director John C. Goff gets 31,012 RSUs at Crescent Energy (CRGY)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GOFF JOHN C reported acquisition or exercise transactions in this Form 4 filing.
Crescent Energy Co director John C. Goff reported an equity grant of 31,012 restricted stock units (RSUs) of Class A common stock. The RSUs were granted under the Crescent Energy Company 2021 Equity Incentive Plan at a stated price of $0.00 per unit.
Each RSU represents a contingent right to receive one share of Class A common stock and will vest on April 1, 2027, if Goff continues in service through that date. Following this award, he holds 714,357 shares of Class A common stock directly, and additional shares are held indirectly through various affiliated entities where he may be deemed to share beneficial ownership but disclaims ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
GOFF JOHN C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 31,012 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 31,012 shares (Direct);
Class A Common Stock — 2,028,804 shares (Indirect, See footnote)
Footnotes (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 Common Stock is held directly by Goff MCF Partners, LP ("Goff MCF"). GFS Contango GP, LLC ("GFS Contango") is the general partner of Goff MCF. GFS Management, LLC ("GFS Management") is the managing member of GFS Contango, Goff Focused Strategies LLC ("GFS") is the managing member of GFS Management, GFT Strategies, LLC ("GFT") is the controlling equity holder of GFS, The John C. Goff 2010 Family Trust (the "Trust") is the managing member of GFT, and John C. Goff is trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. The reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by JCG 2016 Holdings, LP ("Holdings"). JCG 2016 Management, LLC ("Holdings GP") is the general partner of Holdings, the Trust is the controlling equity holder of Holdings GP, and John C. Goff is the trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by the Trust. John C. Goff is trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by Goff Family Investments, LP ("Goff Investments"). Goff Capital, Inc. ("Goff Capital") is the general partner of Goff Investments, the Trust is the controlling equity holder of Goff Capital, and John C. Goff is the trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by Goff MCEP Holdings, LLC ("Goff MCEP"). Goff Capital is the manager of Goff MCEP, the Trust is the controlling equity holder of Goff Capital, and John C. Goff is the trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by Goff MCEP II, LP ("MCEP II"). GFS MCEP GP, LLC ("GFS MCEP") is the general partner of MCEP II. GFS Management is the managing member of GFS MCEP, GFS is the managing member of GFS Management, GFT is the controlling equity holder of GFS, the Trust is the managing member of GFT, and John C. Goff is trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by Goff Focused Energy Strategies, LP ("Goff Energy"). GFS Energy GP, LLC ("GFS Energy") is the general partner of Goff Energy. GFS Management is the managing member of GFS Energy, GFS is the managing member of GFS Management, GFT is the controlling equity holder of GFS, the Trust is the managing member of GFT, and John C. Goff is trustee of the Trust. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The Common Stock is held directly by The Goff Family Foundation ("GFF"). John C. Goff is the sole board member of GFF. By reason of the relationships described above, the reporting person may be deemed to share beneficial ownership of the securities reported herein. Each reporting person disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein.
Key Figures
RSU grant size: 31,012 RSUs
RSU vesting date: April 1, 2027
Grant price per RSU: $0.00 per unit
+3 more
6 metrics
RSU grant size
31,012 RSUs
Award of Class A common stock RSUs to director
RSU vesting date
April 1, 2027
Vesting contingent on continuous service
Grant price per RSU
$0.00 per unit
Equity incentive award, not open-market purchase
Direct holdings after grant
714,357 shares
Class A common stock held directly by Goff
Indirect holding example
2,028,804 shares
Class A common held indirectly, with beneficial ownership disclaimed beyond pecuniary interest
Indirect holding example
1,925,405 shares
Additional indirect Class A common stock position via related entity
Key Terms
restricted stock units, RSUs, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock units financial
"The shares reported 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.
beneficial ownership financial
"the reporting person may be deemed to share beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein"
indirect ownership financial
"The Common Stock is held directly by Goff MCF Partners, LP and other entities"
FAQ
What did Crescent Energy (CRGY) disclose about John C. Goff's new RSUs?
Crescent Energy disclosed that director John C. Goff received 31,012 restricted stock units of Class A common stock. Each RSU converts into one share, vesting on April 1, 2027, contingent on his continued service with the company until that date.
When do John C. Goff's 31,012 Crescent Energy (CRGY) RSUs vest?
The 31,012 restricted stock units granted to John C. Goff vest on April 1, 2027. Vesting is subject to his continuous service through that date, meaning he must remain in his role until then to receive the underlying shares.
Are John C. Goff's indirect Crescent Energy (CRGY) holdings fully owned by him?
The filing states that certain shares are held by related entities such as partnerships, trusts, and a foundation. Goff may be deemed to share beneficial ownership but disclaims ownership of those securities beyond his pecuniary interest in the entities.
Is John C. Goff's 31,012 RSU grant in Crescent Energy (CRGY) an open-market purchase?
No. The 31,012 units are a grant of restricted stock units under Crescent Energy’s 2021 Equity Incentive Plan. The transaction was coded as an award, with a price of $0.00 per unit, rather than an open-market share purchase.
Crescent Energy Company