Form 4: Crescent Energy Co Director Claire Farley Reports Stock Grant

Sentiment:

SEC Form 4 Filing


Director Claire Farley reports the acquisition of 11,043 shares of Crescent Energy Co Class A Common Stock as restricted stock units.

Summary

  • On April 1, 2025, Claire Farley, a director of Crescent Energy Co, acquired 11,043 shares of Class A Common Stock in the form of restricted stock units (RSUs).
  • The RSUs were granted under the Crescent Energy Company 2021 Equity Incentive Plan.
  • Each RSU represents the right to receive one share of Common Stock.
  • The RSUs will vest on April 1, 2026, contingent upon Claire Farley's continuous service through that date.
  • Following the transaction, Claire Farley beneficially owns 45,913 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard equity compensation practices, aligning director interests with shareholders.

Positives

  • The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the RSUs.

Industry Context

This filing is a routine disclosure related to equity compensation for a company director, common in publicly traded companies to align management interests with shareholder value.

Stakeholder Impact

  • Shareholders may view the RSU grant positively as it incentivizes the director to work towards long-term company success.
  • The director benefits from the potential future value of the shares upon vesting.

Key Dates

DateDescription
04/01/2025Date of transaction: Claire Farley acquired 11,043 shares of Class A Common Stock as RSUs.
04/01/2026Vesting date for the RSUs, contingent upon continuous service.
04/03/2025Date of Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Director, Claire Farley, Crescent Energy Co, CRGY, Restricted Stock Units, RSUs, Equity Incentive Plan, Vesting

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