GOFF JOHN C 4
Research Summary
AI-generated summary
Crescent Energy (CRGY) Director John C. Goff Receives RSU Award
What Happened
- John C. Goff, a director of Crescent Energy Company (CRGY), was granted 31,012 restricted stock units (RSUs) on April 1, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per unit, so there was no immediate cash transaction. The RSUs were granted under the Crescent Energy Company 2021 Equity Incentive Plan and each RSU represents a contingent right to receive one share of Class A common stock when vested.
Key Details
- Transaction date: 2026-04-01; Form filed: 2026-04-02 (timely filing).
- Grant: 31,012 RSUs; reported acquisition price: $0.00; reported total value at grant: $0.
- Vesting: RSUs vest on April 1, 2027, subject to continuous service through that date (see footnote F1).
- Shares owned after transaction: not specified in the filing.
- Notable footnotes: F1 describes RSU terms; F2–F9 disclose various entities and trusts (Goff family entities and related partnerships) through which common stock is held and note potential shared beneficial ownership — reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
Context
- This was an equity award, not an open-market purchase or sale, so it does not reflect an immediate cash investment or liquidity event. RSU grants are common compensation for executives and directors and only convert into actual shares if vesting conditions are met. The filing appears timely (filed the next day).