ROWLAND MARCUS C 4
Research Summary
AI-generated summary
Crescent Energy (CRGY) Director Marcus C. Rowland Receives RSU Award
What Happened
- Marcus C. Rowland, a director of Crescent Energy Co. (CRGY), received an award of 17,411 restricted stock units (RSUs) on April 1, 2026. The filing reports an acquisition price of $0.00 per unit (no cash exchanged). This is a grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely).
- Grant: 17,411 RSUs reported at $0.00 per unit.
- Shares owned after transaction: not disclosed in the supplied filing details.
- Footnote: RSUs were granted under the Crescent Energy Company 2021 Equity Incentive Plan; each RSU is a contingent right to one share and vests on April 1, 2027, subject to continuous service through that date.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.
Context
- RSUs are a form of compensation that convert into company shares only upon vesting; they do not represent immediate transferable stock. Because these units vest one year from the grant date (subject to continued service), they are not an immediate market purchase signal. Grants are common executive/director compensation and should be interpreted as part of overall pay rather than direct insider buying or selling.