Form 4: PT Independence Energy Holdings LLC Reports Changes in Beneficial Ownership of Crescent Energy Co.

PT Independence Energy Holdings LLC reports transactions involving Class A and Class B Common Stock and Crescent Energy OpCo LLC Units of Crescent Energy Co.

Summary

• PT Independence Energy Holdings LLC filed a Form 4 detailing changes in beneficial ownership of Crescent Energy Co. securities.
• The transactions involve Class A Common Stock, Class B Common Stock, and Crescent Energy OpCo LLC Units.
• On April 4, 2025, 36,813,628 shares of Class B Common Stock were disposed of at $0.
• On the same date, 36,813,628 shares of Class A Common Stock were acquired at $0, resulting in a total of 36,854,748 shares beneficially owned.
• Additionally, 50,708 shares of Class A Common Stock are indirectly owned.
• The report also covers transactions related to 36,813,628 Crescent Energy OpCo LLC Units.
• Liberty Mutual Holding Company Inc. is also listed as a reporting person due to its indirect ownership.
• The filing clarifies the rights associated with Class B Common Stock and the Redemption Right tied to OpCo LLC Units.
• Directors Erich Bobinsky and Bevin Brown transferred 50,708 shares of Class A Common Stock received in settlement of RSUs to LEH.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure and transactions of major stakeholders.

Key Dates

Keywords

beneficial ownership, Form 4, Crescent Energy Co, PT Independence Energy Holdings LLC, Class A Common Stock, Class B Common Stock, OpCo LLC Units, Liberty Mutual, Redemption Right, securities