Crescent Energy Co·4

Jun 4, 4:54 PM ET

Hall Jerome D JR 4

Research Summary

AI-generated summary

Updated

Crescent Energy (CRGY) COO Jerome D. Hall Jr. Withholds 44,731 Shares for Taxes

What Happened

  • Jerome D. Hall Jr., Chief Operating Officer of Crescent Energy Co. (CRGY), surrendered 44,731 shares to satisfy tax withholding obligations (transaction code F). The shares were valued at $11.99 each for a total of approximately $536,325. This was a disposition to cover taxes — not an open-market sale.

Key Details

  • Transaction date: 2026-06-02; Filing date: 2026-06-04.
  • Price per share: $11.99; Total value surrendered: ~$536,325.
  • Shares surrendered: 44,731 (disposition to satisfy tax liability).
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnote/transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
  • No late-filing notice indicated in the filing.

Context

  • Code F typically means shares were withheld to cover taxes tied to a prior option exercise or restricted stock vesting; it is a routine administrative step and not a market sale that signals a change in conviction. Retail investors should view this as a tax-withholding event rather than a directional insider sale.