Form 4: Crescent Energy Co Director Karen Jo Simon Reports Acquisition of Restricted Stock Units

Director Karen Jo Simon reports the acquisition of restricted stock units in Crescent Energy Co.

Summary

• On April 1, 2024, Karen Jo Simon, a director of Crescent Energy Co, acquired 14,311 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• The RSUs were granted 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, 2025, subject to the reporting person's continuous service through that date.
• Following the transaction, Simon directly owns 75,294 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard executive compensation practice. The acquisition of RSUs is generally viewed positively, but it's a routine event.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest on April 1, 2025, subject to the reporting person's continuous service through such date.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

• The granting of RSUs aligns the director's interests with those of the shareholders, incentivizing them to work towards increasing the company's value.

Key Dates