Rynd John Clayton 4

What Happened
Rynd John Clayton, Executive Vice President, Investments at Crescent Energy Company, received 43,935 shares of Class A common stock as a portion of a performance‑based manager award (reported as an acquisition at $0.00). Concurrently, 11,251 of those shares were disposed/withheld at $11.80 per share for tax withholding, generating a reported disposition value of $132,762. Net newly delivered shares to the reporting person were 32,684 (43,935 delivered minus 11,251 withheld).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
• Acquired: 43,935 shares @ $0.00 (Manager award delivery; code J).
• Disposed/withheld: 11,251 shares @ $11.80 = $132,762 (shares withheld to satisfy tax obligations; code J; footnote F2).
• Net shares received by the reporting person: 32,684.
• Footnotes: F1 — shares were delivered at the direction of KKR Energy Assets Manager LLC as part of a performance‑based Manager Award (granted Dec 6, 2021). F2 — the disposition represents shares withheld by the Manager to satisfy tax withholding.
• Shares owned after the transaction: not specified in the excerpted details of this filing.

Context

• This was not an open‑market purchase or voluntary sale by the executive; it was the delivery of vested award shares from the Manager with some shares withheld to cover taxes — a routine administrative transaction.
• Tax‑withholding via share surrender is common for equity awards and doesn’t necessarily signal the insider’s market view.