Brown Bevin 4

What Happened

• Brown Bevin, a director of Crescent Energy Company (CRGY), was granted 17,411 restricted stock units (RSUs) on April 1, 2026. The Form 4 reports the award at $0.00 per unit (the filing shows $0 cash consideration). The RSUs represent a contingent right to receive one share of Class A common stock each and will vest on April 1, 2027, subject to continuous service through that date.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
• Award: 17,411 RSUs; reported price per unit: $0.00; total cash paid: $0.
• Vesting: April 1, 2027, contingent on continued service.
• Shares owned after transaction: not specified on the provided summary.
• Footnotes: Bevin serves as a board nominee of PT Independence and is an officer/employee of an affiliate of Liberty Energy Holdings. He agreed to transfer any director compensation (including any shares received on settlement of these RSUs) to Liberty and disclaims beneficial ownership of the RSUs except for his pecuniary interest.

Context

• RSUs are awards that convert into shares (usually at vesting); they are not an open-market purchase or sale. Receiving RSUs is generally a compensation event rather than a direct bullish purchase signal. Because Bevin has agreed to transfer director compensation to Liberty and disclaims beneficial ownership (except for pecuniary interest), these RSUs may reflect institutional arrangements rather than a personal accumulation of stock.