Crown Castle (NYSE: CCI) EVP details existing stock and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CROWN CASTLE INC. executive vice president and chief commercial officer Kristoffer L. Hinson filed an initial ownership report showing existing equity interests in the company. He reports indirect ownership of 500 shares of common stock held through a 401(k) plan and several awards of time-based restricted stock units.
These Time RSUs relate to common stock and include awards with 7,185, 3,036, and 1,049 underlying shares, all at a stated exercise price of $0.00. Footnotes explain that the RSUs were issued under Crown Castle’s 2022 Long-Term Incentive Plan and each RSU represents a contingent right to receive one share of common stock, subject to time-based vesting schedules extending from February 19, 2027 through February 19, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hinson Kristoffer L
Role
EVP and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Time RSUs | -- | -- | -- |
| holding | Time RSUs | -- | -- | -- |
| holding | Time RSUs | -- | -- | -- |
| holding | Common Stock, $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Time RSUs — 1,049 shares (Direct, null);
Common Stock, $0.01 Par Value — 500 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- Represents shares previously acquired in transactions exempt under Rule 16b-3(c). 100% of these Time Restricted Stock Units ("RSUs") are scheduled to vest on February 19, 2027. Each RSU is issued pursuant to the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended, and represents a contingent right to receive one share of common stock. Approximately 50% of these Time RSUs are scheduled to vest on February 19 of each of 2027 and 2028. 33 1/3% of these Time RSUs are scheduled to vest on February 19 of each of 2027, 2028 and 2029.
Key Figures
Indirect common shares: 500 shares
Time RSUs tranche 1: 7,185 underlying shares
Time RSUs tranche 2: 3,036 underlying shares
+4 more
7 metrics
Indirect common shares
500 shares
Indirectly owned via 401(k) plan following the reported holdings
Time RSUs tranche 1
7,185 underlying shares
Time RSUs linked to Crown Castle common stock, direct ownership
Time RSUs tranche 2
3,036 underlying shares
Additional Time RSUs linked to Crown Castle common stock
Time RSUs tranche 3
1,049 underlying shares
Further Time RSUs linked to Crown Castle common stock
First full vesting date
February 19, 2027
100% of one Time RSU award scheduled to vest on this date
Staged vesting dates
February 19, 2027 & 2028
Approximately 50% of one Time RSU award vests on each date
Three-year vesting schedule
2027, 2028, 2029
33 1/3% of another Time RSU award vests each February 19
Key Terms
Time RSUs, Rule 16b-3(c), Long-Term Incentive Plan, contingent right
4 terms
Time RSUs financial
"These Time RSUs are scheduled to vest on February 19 of 2027, 2028 and 2029."
Rule 16b-3(c) regulatory
"Represents shares previously acquired in transactions exempt under Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Long-Term Incentive Plan financial
"Each RSU is issued pursuant to the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
contingent right financial
"represents a contingent right to receive one share of common stock."
FAQ
What insider ownership did CCI EVP Kristoffer Hinson report on this Form 3?
Kristoffer Hinson reported existing indirect ownership of 500 Crown Castle common shares held in a 401(k) plan, plus multiple awards of Time RSUs linked to Crown Castle common stock, reflecting his current equity-based stake in the company as an executive.
How many Crown Castle Time RSUs are disclosed for Kristoffer Hinson?
The filing lists Time RSU awards tied to 7,185, 3,036, and 1,049 underlying shares of Crown Castle common stock. Each RSU represents a contingent right to receive one share, subject to the applicable vesting schedule described in the footnotes.
When do Kristoffer Hinson’s Crown Castle Time RSUs vest?
One Time RSU award is scheduled to vest 100% on February 19, 2027. Other awards vest over time, with approximately 50% vesting on February 19 of 2027 and 2028, and 33 1/3% vesting annually on February 19 of 2027, 2028 and 2029.
What plan governs the Time RSUs reported by CCI EVP Kristoffer Hinson?
The Time RSUs were issued under the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended. According to the filing, each RSU under this plan represents a contingent right to receive one share of Crown Castle common stock upon satisfaction of time-based vesting conditions.
Does this Crown Castle Form 3 show any insider buying or selling activity?
The Form 3 does not report explicit buy or sell transactions. It primarily records existing indirect common stock holdings in a 401(k) plan and multiple Time RSU awards, along with their vesting schedules, as Kristoffer Hinson’s initial statement of beneficial ownership.