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Crown Castle (CCI) CFO exercises 9,649 RSUs, 3,797 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CROWN CASTLE INC. EVP & Chief Financial Officer Sunit S. Patel exercised 9,649 Time RSUs into an equal number of common shares on April 10, 2026 under the company’s long-term incentive plan.

To cover tax withholding, the issuer retained 3,797 common shares at $86.57 per share rather than paying cash. After these compensation-related transactions, Patel directly holds 13,050 shares of common stock and 19,303 Time RSUs scheduled to vest in equal installments in 2026, 2027 and 2028.

Positive

  • None.

Negative

  • None.
Insider PATEL SUNIT S
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Exercise Time RSUs 9,649 $0.00 --
Exercise Common Stock, $0.01 Par Value 9,649 $0.00 --
Tax Withholding Common Stock, $0.01 Par Value 3,797 $86.57 $329K
Holdings After Transaction: Time RSUs — 19,303 shares (Direct); Common Stock, $0.01 Par Value — 16,847 shares (Direct)
Footnotes (1)
  1. Represents shares withheld by the issuer to satisfy the reporting person's tax withholding. Each Restricted Stock Unit ("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. 33 1/3% of the original grant amount of these Time RSUs are scheduled to vest on April 10 of each of 2026, 2027 and 2028.
RSUs exercised 9,649 RSUs Time RSUs converted to common stock on April 10, 2026
Shares withheld for taxes 3,797 shares Common stock withheld at $86.57 per share for tax withholding
Tax withholding price $86.57 per share Value used for share-based tax withholding on common stock
Common shares owned after transactions 13,050 shares Direct Crown Castle common stock holdings after April 10, 2026
Time RSUs outstanding 19,303 RSUs Time RSUs remaining after transactions, scheduled to vest 2026–2028
Time RSUs financial
"Represents shares from these Time RSUs that converted into common stock"
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") is issued pursuant to the Crown Castle Inc. 2022 Long-Term Incentive Plan"
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.
Long-Term Incentive Plan financial
"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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PATEL SUNIT S

(Last)(First)(Middle)
8020 KATY FREEWAY

(Street)
HOUSTON TEXAS 77024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CROWN CASTLE INC. [ CCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 Par Value04/10/2026M9,649A$016,847D
Common Stock, $0.01 Par Value04/10/2026F3,797(1)D$86.5713,050D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Time RSUs(2)04/10/2026M9,649 (3) (3)Common Stock9,649$019,303D
Explanation of Responses:
1. Represents shares withheld by the issuer to satisfy the reporting person's tax withholding.
2. Each Restricted Stock Unit ("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.
3. 33 1/3% of the original grant amount of these Time RSUs are scheduled to vest on April 10 of each of 2026, 2027 and 2028.
Remarks:
/s/ Inge A. Pasman, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CCI EVP & CFO Sunit Patel report in this Form 4?

Patel reported exercising 9,649 Time RSUs into common stock and a related tax-withholding share disposition. These are compensation-driven transactions under Crown Castle’s long-term incentive plan, not open-market stock purchases or sales.

How many Crown Castle (CCI) RSUs did Sunit Patel have vest?

Patel had 9,649 Time RSUs convert into the same number of Crown Castle common shares. These RSUs were granted under the 2022 Long-Term Incentive Plan and vest in three equal annual installments starting April 10, 2026.

How were taxes handled on Sunit Patel’s RSU vesting at Crown Castle (CCI)?

The issuer withheld 3,797 common shares at $86.57 per share to satisfy Patel’s tax withholding obligations. This F-code disposition is a non-market event and does not represent an open-market sale of shares by Patel.

How many Crown Castle (CCI) shares does Sunit Patel own after these transactions?

Following the RSU conversion and tax withholding, Patel directly owns 13,050 shares of Crown Castle common stock. He also holds 19,303 Time RSUs that provide a contingent right to receive additional shares as they vest over time.

Are Sunit Patel’s reported Crown Castle (CCI) transactions open-market trades?

No, the filing shows a derivative exercise of Time RSUs and tax-withholding share retention by the issuer. There are no open-market purchase (P code) or sale (S code) transactions reported in this Form 4.