Crescent Energy (CRGY) officer gets performance shares as tax withholding reduces net stake
Rhea-AI Filing Summary
Crescent Energy Co officer John Clayton Rynd reported compensation-related share movements, not open-market trading. On March 16, 2026, 43,935 shares of Class A common stock were delivered to him at the direction of KKR Energy Assets Manager LLC as part of an earned performance-based award originally granted to the manager in 2021.
On the same date, 11,251 shares were withheld by the manager to cover tax withholding obligations tied to this award. Following these transactions, Rynd directly holds 39,684 shares of Class A common stock. The filing reflects equity compensation vesting and tax withholding rather than discretionary buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A common stock, par value $0.0001 per share | 43,935 | $0.00 | -- |
| Other | Class A common stock, par value $0.0001 per share | 11,251 | $11.80 | $133K |
Footnotes (1)
- The shares of Crescent Energy Company Class A common stock ("Common Stock") reported were delivered to the reporting person at the direction of KKR Energy Assets Manager LLC (the "Manager") and represent a portion of the earned shares under the performance-based vesting award (the "Manager Award") originally granted to the Manager on December 6, 2021 under the Crescent Energy Company 2021 Manager Incentive Plan. Represents shares of Common Stock withheld by the Manager to satisfy tax withholding obligations with respect to the portion of the earned shares under the Manager Award delivered to the reporting person.
FAQ
What insider transactions did Crescent Energy Co (CRGY) report for John Clayton Rynd?
Were the CRGY insider transactions for John Clayton Rynd open-market buys or sells?
What is the role of KKR Energy Assets Manager LLC in the CRGY Form 4 transactions?
What does transaction code J mean in the Crescent Energy (CRGY) Form 4 for John Clayton Rynd?