Kendall Brandi 4

4 · Crescent Energy Co · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 19, 2026

Crescent Energy CFO Kendall Brandi Receives Award, Sells 11,259 Shares

What Happened

Kendall Brandi, Chief Financial Officer of Crescent Energy Co. (CRGY), received 43,935 shares of Class A common stock on 2026-03-16 as a portion of a performance‑based award. Simultaneously, 11,259 shares were disposed of at $11.80 each (total proceeds $132,856) to satisfy tax withholding obligations.
The 43,935 shares were delivered at $0.00 (an award delivery), and the 11,259‑share disposition reflects withholding by the manager rather than an open‑market sell by the reporting person.

Key Details

Transaction date: 2026-03-16; Filing date: 2026-03-18 (timely).
Received: 43,935 shares at $0.00 (Manager performance award delivery).
Disposed/withheld: 11,259 shares at $11.80 each — proceeds $132,856 (tax withholding).
Footnotes: F1 — shares delivered were from the Manager Award (granted Dec 6, 2021) and directed to the reporting person by KKR Energy Assets Manager LLC; F2 — shares withheld by the Manager to satisfy tax withholding.
Shares owned after the transaction: not disclosed in the filing.
Transaction code: "J" (other acquisition/disposition); withholding treated as a disposition for reporting purposes.

Context

This was primarily an award delivery with routine tax‑withholding rather than a discretionary open‑market sale; share withholding to cover taxes is common and does not necessarily signal a change in the insider’s view of the company.
For retail investors, purchases (out-of-pocket buys) often carry more direct signaling value than award deliveries or tax-withholding disposals.

Form 4

Period: 2026-03-16

DirectorSee remarks

Transactions

Other
Class A common stock, par value $0.0001 per share
[F1]
2026-03-16+43,935→ 67,282 total
Other
Class A common stock, par value $0.0001 per share
[F2]
2026-03-16$11.80/sh−11,259$132,856→ 56,023 total

Footnotes (2)

[F1]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.
[F2]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.

Signature

/s/ Bo Shi, as attorney-in-fact for Brandi Kendall|2026-03-18

1 file