Crown Castle (NYSE: CCI) EVP trades stock and receives new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crown Castle Inc.’s EVP and General Counsel Edward B. Adams Jr. reported both a stock grant and a sale. He received 13,176 Time RSUs on common stock at a stated price of $0.00 per unit, representing a contingent right to one share each, subject to continued service and plan criteria.
According to the disclosure, 33 1/3% of these Time RSUs vest on February 19 of each of 2027, 2028 and 2029. On the same date, he sold 4,650 shares of common stock at a weighted average price of $86.34 per share, within a range of $86.3301 to $86.3600, and reported 1,062 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,650 shares ($401,481)
Net Sell
3 txns
Insider
Adams Edward B JR
Role
EVP and General Counsel
Sold
4,650 shs ($401K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time RSUs | 13,176 | $0.00 | -- |
| Sale | Common Stock, $0.01 Par Value | 4,650 | $86.34 | $401K |
| holding | Common Stock, $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Time RSUs — 13,176 shares (Direct);
Common Stock, $0.01 Par Value — 25,183 shares (Direct);
Common Stock, $0.01 Par Value — 1,062 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- Represents the weighted average per share price of sales transacted on February 25, 2026; such sales were conducted through various transactions at per share sale prices ranging from $86.3301 to $86.3600, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range. Represents shares previously acquired in transactions exempt under Rule 16b-3(c). Each Restricted Stock Unit ("RSU") is issued pursuant to the Crown Castle Inc. ("Company") 2022 Long-Term Incentive Plan, as amended, and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in the footnote below. 33 1/3% of these Time RSUs vests on February 19 of each of 2027, 2028 and 2029.
FAQ
What insider transactions did CCI’s Edward B. Adams Jr. report?
Edward B. Adams Jr. reported a grant of 13,176 Time RSUs and the sale of 4,650 Crown Castle common shares. He also disclosed 1,062 shares held indirectly through a 401(k) plan, showing both equity compensation and portfolio activity on the same date.
How many Crown Castle RSUs were granted to the EVP and General Counsel?
He received 13,176 Time RSUs tied to Crown Castle common stock. Each RSU represents a contingent right to one share, issued under the company’s 2022 Long-Term Incentive Plan, and is subject to continued employment and specific vesting conditions over several future years.
What were the details of the Crown Castle stock sale on February 25, 2026?
He sold 4,650 Crown Castle common shares at a weighted average price of $86.34 per share. The filing notes multiple trades executed in a range from $86.3301 to $86.3600, with full price-by-price detail available upon request from the company or regulators.
How do the granted Time RSUs for CCI vest over time?
The 13,176 Time RSUs vest in three equal annual installments. Specifically, 33 1/3% of the award vests on February 19 of each of 2027, 2028, and 2029, subject to Adams remaining an employee or director and satisfying other plan criteria.
What indirect Crown Castle holdings did the Form 4 disclose?
The Form 4 reports 1,062 Crown Castle common shares held indirectly through a 401(k) plan. This indirect ownership reflects retirement-plan holdings rather than directly held shares, and the entry is shown as a holding rather than a new buy or sell transaction.
Under which plan were the Crown Castle RSUs issued?
The RSUs were issued under the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended. This plan governs equity-based awards, including RSUs that convert into common shares upon vesting, contingent on continued service and satisfaction of stated performance or time-based conditions.