Liberty Mutual Foundation Inc. - 07 May 2026 Form 4 Insider Report for Crescent Energy Co (CRGY)

Reporting relationship: 10%+ Owner
Issuer ticker: CRGY
Reported as of: 07 May 2026
Net transaction value: -$401,958,000
SEC form: 4
Accepted by SEC: 11 May 2026, 16:05:06 UTC
Prior SEC filing: 18 Dec 2025
Source filing: View source filing
Reporting owner signature: LIBERTY MUTUAL FOUNDATION INC., By: Vlad Barbalat, Title: Executive Vice President

Key filing fact

Liberty Mutual Foundation Inc. filed Form 4 for Crescent Energy Co (CRGY) on 11 May 2026.

Key facts

This page summarizes Liberty Mutual Foundation Inc.'s Form 4 filing for Crescent Energy Co (CRGY).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 11 May 2026, 16:05.

Change

Previous filing in this sequence was filed on 18 Dec 2025.
Current net transaction value: -$401,958,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0002097698 Primary reporting owner

Liberty Mutual Foundation Inc.

Relationship: 10%+ Owner
Address: C/O LIBERTY MUTUAL INSURANCE, 175 BERKELEY STREET, BOSTON
Signature: LIBERTY MUTUAL FOUNDATION INC., By: Vlad Barbalat, Title: Executive Vice President
Signature date: 11 May 2026

CIK 0002100320

Liberty Energy Holdings, LLC

Relationship: 10%+ Owner
Address: 175 BERKELEY STREET, BOSTON
Signature: LIBERTY ENERGY HOLDINGS, LLC, By: Vlad Barbalat, Title: President
Signature date: 11 May 2026

CIK 0001142872

LIBERTY MUTUAL HOLDING Co INC.

Relationship: 10%+ Owner
Address: 175 BERKELEY STREET, BOSTON
Signature: LIBERTY MUTUAL HOLDING COMPANY INC., By: Vlad Barbalat, Title: Executive Vice President
Signature date: 11 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRGY transaction

Class A Common Stock

Sale

Transaction value: $401,958,000
Shares: -32,600,000
Change %: -89%
Price: $12.33
Shares after: 4,213,628
Date: 07 May 2026
Ownership: Direct
Footnotes: F1, F2, F3, F4, F5, F6

CRGY transaction

Class A Common Stock

Sale

Transaction value: $401,958,000
Shares: -32,600,000
Change %: -89%
Price: $12.33
Shares after: 4,213,628
Date: 07 May 2026
Ownership: Direct
Footnotes: F1, F2, F3, F4, F5, F6

CRGY transaction

Class A Common Stock

Sale

Transaction value: $401,958,000
Shares: -32,600,000
Change %: -89%
Price: $12.33
Shares after: 4,213,628
Date: 07 May 2026
Ownership: Direct
Footnotes: F1, F2, F3, F4, F5, F6

CRGY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 80,783
Date: 07 May 2026
Ownership: See Footnotes
Footnotes: F3, F4, F5, F6

CRGY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 80,783
Date: 07 May 2026
Ownership: See Footnotes
Footnotes: F3, F4, F5, F6

CRGY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 80,783
Date: 07 May 2026
Ownership: See Footnotes
Footnotes: F3, F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Liberty Mutual Foundation Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Represents shares of Class A Common Stock sold by Liberty Mutual Foundation Inc. (the "Foundation") in a block trade pursuant to Rule 144 of the Securities Act of 1933, as amended.

Footnote F2

Liberty Energy Holdings, LLC ("LEH") may be deemed to beneficially own the shares held by the Foundation due to their common control but have no pecuniary interest in such shares.

Footnote F3

The sole member of LEH is Liberty Mutual Insurance Company ("Liberty Mutual"), which is wholly owned by Liberty Mutual Group Inc. The sole shareholder of Liberty Mutual Group Inc. is LMHC Massachusetts Holdings Inc., whose sole shareholder is Liberty Mutual Holding Company Inc. Because Liberty Mutual Holding Company Inc. is a mutual holding company, its members are entitled to vote at meetings of the company. No such member is entitled to cast 5% or more of the votes.

Footnote F4

(Continued from Footnote 3) Each of The Foundation, LEH, Liberty Mutual, Liberty Mutual Group Inc., LMHC Massachusetts Holdings Inc. and Liberty Mutual Holding Company Inc. (collectively, the "Record Holders") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to be the indirect beneficial owner of some or all of the equity interests referred to in note 6 owned by the Record Holders.

Footnote F5

(Continued from Footnote 4) Each Record Holder disclaims beneficial ownership of such equity interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Record Holders are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

Footnote F6

Bevin Brown is an officer of LEH and served on the Board of Directors of Crescent Energy Company (the "Issuer") until May 5, 2026, as a nominee of PT Independence Energy Holdings LLC, an affiliate of LEH. The Issuer previously granted to Ms. Brown pursuant to the Crescent Energy Company 2021 Equity Incentive Plan, in her capacity as a director of the Issuer, and to another officer of LEH who previously served on the Board of Directors of the Issuer as a nominee of PT Independence Energy Holdings LLC, restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. Ms. Brown and such other LEH officer have agreed that they will not receive any separate compensation for serving as a director of the Issuer and will transfer to LEH any director compensation received from the Issuer, including any shares received in settlement of the RSUs.