Form 4: Crescent Energy Co: Officer Shi Bo Reports Changes in Beneficial Ownership
SEC Form 4
Officer Shi Bo reports acquisition and disposal of Crescent Energy Co Class A common stock.
Summary
- On April 1, 2025, Shi Bo, General Counsel and Corporate Secretary of Crescent Energy Co, reported changes in beneficial ownership of the company's Class A common stock.
- Shi Bo acquired 10,352 shares of Class A common stock at $0, and disposed of 3,438 shares at $11.08.
- Following these transactions, Shi Bo directly owns 52,792 shares of Class A common stock.
- The 10,352 shares were acquired through restricted stock units (RSUs) granted under the 2021 Equity Incentive Plan.
- These RSUs vest in equal installments on April 1, 2026, April 1, 2027, and April 1, 2028, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The RSUs will vest in substantially equal installments on each of April 1, 2026, April 1, 2027, and April 1, 2028, subject to the reporting person's continuous employment through each such date.
Industry Context
This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company officers.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity, which is closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction (acquisition and disposal of shares) |
| 04/01/2026 | First vesting date for RSUs |
| 04/01/2027 | Second vesting date for RSUs |
| 04/01/2028 | Final vesting date for RSUs |
| 04/03/2025 | Date of signature |
Keywords
beneficial ownership, Form 4, Crescent Energy Co, CRGY, restricted stock units, RSUs, equity incentive plan, insider trading, Bo Shi
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