Director at Crescent Energy (NYSE: CRGY) awarded 17,411 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GWIN ROBERT G reported acquisition or exercise transactions in this Form 4 filing.
Crescent Energy Co director Robert G. Gwin received a grant of 17,411 restricted stock units (RSUs) of Class A common stock as compensation. The RSUs were awarded at no cash cost and increase his direct holdings to 63,324 shares.
Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs will vest on April 1, 2027, provided Gwin continues to serve the company through that date, aligning a portion of his compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GWIN ROBERT G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,411 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 63,324 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 17,411 RSUs
Holdings after transaction: 63,324 shares
RSU vesting date: April 1, 2027
+1 more
4 metrics
RSUs granted
17,411 RSUs
Restricted stock units of Class A common stock granted to director
Holdings after transaction
63,324 shares
Total direct Class A common stock holdings following grant
RSU vesting date
April 1, 2027
RSUs vest if continuous service is maintained through this date
Grant price per share
$0.00 per share
RSUs granted at no cash cost to the director
Key Terms
restricted stock units, Crescent Energy Company 2021 Equity Incentive Plan, Class A common stock, continuous service
4 terms
restricted stock units financial
"The shares ... reported are restricted stock units ("RSUs") granted to the reporting person..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Crescent Energy Company 2021 Equity Incentive Plan financial
"RSUs granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan."
Class A common stock financial
"The shares ... Class A common stock ("Common Stock") reported are restricted stock units..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continuous service financial
"The RSUs will vest on April 1, 2027, subject to the reporting person's continuous service through such date."