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

Director Karen Jo Simon reports the acquisition of 11,043 restricted stock units (RSUs) of Crescent Energy Co Class A Common Stock on April 1, 2025, with vesting scheduled for April 1, 2026.

Summary

• Karen Jo Simon, a director of Crescent Energy Co, reported a transaction on April 1, 2025.
• The transaction involved the acquisition of 11,043 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• These RSUs were granted under 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, 2026, contingent upon the reporting person's continuous service through that date.
• Following the reported transaction, Simon beneficially owns 86,337 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs to a director is a common practice and aligns their interests with shareholders. The vesting period indicates a long-term commitment.

Positives

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

Future Outlook

The vesting of the RSUs on April 1, 2026, is contingent upon the reporting person's continuous service, aligning the director's interests with the long-term success of the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors and officers, in the company's securities. This allows investors to monitor insider activity, which can provide insights into management's perspective on the company's valuation and prospects.

Stakeholder Impact

• The granting of RSUs to a director aligns their interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates

Keywords

Form 4, Crescent Energy Co, Karen Jo Simon, Director, Restricted Stock Units, RSUs, Equity Incentive Plan, Beneficial Ownership, Class A Common Stock