MCCAIN ELLIS L 4
Research Summary
AI-generated summary
Crescent Energy (CRGY) Director Ellis L. McCain Receives 17,411 RSUs
What Happened Ellis L. McCain, a director of Crescent Energy Co. (CRGY), was granted 17,411 restricted stock units (RSUs) on April 1, 2026. The RSUs were awarded at a $0.00 acquisition price (i.e., no cash was paid at grant). The filing was submitted to the SEC on April 2, 2026.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (filed within the typical two-business-day Form 4 window).
- Award: 17,411 RSUs granted at $0.00 per unit.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each RSU represents a contingent right to receive one share of Crescent Energy Class A common stock; the RSUs vest on April 1, 2027, subject to continuous service through that date.
Context RSUs are compensation awards that convert into shares if and when they vest; they are not an open-market purchase or sale. This grant reflects director compensation rather than an immediate market trade. The award does not indicate a current change in McCain’s open-market holdings until the RSUs vest and are converted to shares.