Form 4: Crescent Energy COO Executes Stock Disposition
Statement of Changes in Beneficial Ownership
Crescent Energy Company Chief Operating Officer Jerome D. Hall Jr. disposed of 44,731 shares of Class A Common Stock to cover tax obligations.
Summary
- Jerome D. Hall Jr., Chief Operating Officer of Crescent Energy Co (CRGY), disposed of 44,731 shares of Class A Common Stock.
- The transaction occurred on June 2, 2026, at a price of $11.99 per share.
- The disposition was executed via transaction code 'F', indicating the withholding of shares to satisfy tax withholding obligations related to the vesting of equity awards.
- Following this transaction, the reporting person maintains a direct beneficial ownership of 139,164 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a mandatory tax-related withholding rather than a voluntary market sale.
Positives
- The transaction was a routine administrative action related to tax obligations rather than a discretionary sale of shares.
Negatives
- The reduction in direct share ownership by the COO may be perceived as a minor decrease in 'skin in the game'.
Risks
- Market volatility affecting the value of equity-based compensation for executives.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that tax-related share withholding is a standard corporate governance practice for executives and does not typically signal a change in management sentiment regarding the company's long-term prospects.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation practices across the energy sector where equity vesting triggers automatic tax withholding.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax-related equity adjustment.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the reported stock disposition transaction. |
| 06/04/2026 | Date the Form 4 was signed and filed. |
Keywords
Crescent Energy, CRGY, Insider Trading, Form 4, Executive Compensation, Energy Sector
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