Crown Castle (NYSE: CCI) EVP receives share award, tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CROWN CASTLE INC. executive vice president and general counsel Edward B. Adams Jr. reported routine equity compensation activity. On May 1, 2026, he received 14,490 shares of common stock at $0.00 per share as stock acquired upon the satisfaction of performance criteria underlying performance restricted stock units. On the same date, 5,702 shares at $88.78 per share were withheld by the issuer to satisfy his tax withholding obligation, rather than sold on the open market. Following these transactions, Adams held 39,673 shares directly and 1,062 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Adams Edward B JR
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value | 14,490 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 Par Value | 5,702 | $88.78 | $506K |
| holding | Common Stock, $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 Par Value — 39,673 shares (Direct, null);
Common Stock, $0.01 Par Value — 1,062 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- Represents stock acquired upon the satisfaction of performance criteria underlying an award of performance restricted stock units. Represents shares withheld by the issuer to satisfy the reporting person's tax withholding. Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
Key Figures
Stock award: 14,490 shares
Tax withholding shares: 5,702 shares
Direct holdings after: 39,673 shares
+1 more
4 metrics
Stock award
14,490 shares
Common stock granted at $0.00 per share on May 1, 2026
Tax withholding shares
5,702 shares
Shares withheld at $88.78 per share to satisfy tax withholding
Direct holdings after
39,673 shares
Direct Crown Castle common stock ownership after transactions
Indirect 401(k) holdings
1,062 shares
Indirect ownership through 401(k) plan after transactions
Key Terms
performance restricted stock units, tax withholding, Rule 16b-3(c), 401(K) Plan
4 terms
performance restricted stock units financial
"stock acquired upon the satisfaction of performance criteria underlying an award of performance restricted stock units"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
tax withholding financial
"Represents shares withheld by the issuer to satisfy the reporting person's tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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.
401(K) Plan financial
"Indirect ownership described as By 401(K) Plan in the filing."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transactions did CCI executive Edward B. Adams Jr. report?
Edward B. Adams Jr. reported a routine equity compensation event, receiving 14,490 shares of Crown Castle common stock and having 5,702 shares withheld to cover taxes, with updated direct and indirect shareholdings disclosed after the transactions.