Crescent Energy (CRGY) CFO Kendall Brandi Receives 300,000 Shares

What Happened

Kendall Brandi, Chief Financial Officer of Crescent Energy Company (CRGY), was reported on a Form 4 as having been granted/acquired 300,000 shares of Crescent Energy Class A common stock on 2026-09-23. The transaction is reported as an "other acquisition" (Form 4 code J) at a reported price of $0.00, indicating these were awarded restricted shares rather than a purchase.

Key Details

• Transaction date: 2026-09-23; Form 4 filed: 2026-09-25 (appears timely).
• Shares acquired: 300,000 Class A common shares; reported price: $0.00.
• Transaction code: J (other acquisition or disposition).
• Footnote (F1): Shares are held by KKR Energy Assets Manager LLC or an affiliate and were awarded as restricted shares to the reporting person; they vest in five equal annual installments beginning March 2027.
• Shares owned after the transaction: not specified in the filing.

Context

These are restricted stock awards tied to a KKR-affiliated holder and subject to multi-year vesting, so they are not immediately saleable. This filing documents an award rather than an open-market purchase or sale, and therefore should be interpreted as compensation or incentive-related rather than a direct personal buy/sell signal.