Crown Castle (CCI) Form 4: Interim CEO Disposes 15,000 Shares

Rhea-AI Filing Summary

Daniel K. Schlanger, Interim President & CEO of Crown Castle (CCI) reported an open-market sale of 15,000 shares of CCI common stock on 08/08/2025 at a weighted average price of $105.795 per share. The filing shows the sale prices ranged from $105.510 to $106.225 and states the reporting person will provide details on the number of shares sold at each price upon request. After the transactions, Mr. Schlanger beneficially owns 95,571 shares directly and an additional 1,158 shares indirectly through a 401(k) plan, with the reported sale reducing his pre-sale holdings of 110,571 shares by 15,000 shares.

Positive

• Significant retained ownership: reporting person holds 95,571 shares directly and 1,158 shares indirectly via a 401(k) plan
• Price transparency offered: filing discloses a sale-price range and offers to provide a per-price breakdown upon request

Negative

• Officer sale reported: sale of 15,000 shares on 08/08/2025 at a weighted average of $105.795
• No 10b5-1 plan disclosed: the Form does not state the transaction was made pursuant to a prearranged trading plan

Insights

Financial Analyst

TL;DR: Interim CEO sold 15,000 CCI shares; sale reduced pre-sale holdings by ~13.6%—transaction is notable but not necessarily material.

The Form 4 documents a single-date open-market sale of 15,000 shares on 08/08/2025 at a weighted average price of $105.795. Using the reported post-transaction direct holding of 95,571 shares implies pre-sale direct holdings of 110,571, so the sale represented approximately 13.6% of pre-sale holdings. The disclosure of the sale-price range ($105.510–$106.225) and the offer to provide a per-price breakdown allows verification of execution details. From a market-impact perspective, the sale is informative about insider activity but does not on its face indicate a company-level operational change.

Corporate Governance Expert

TL;DR: Officer sale disclosed; form does not state the transaction was under a 10b5-1 plan; ownership remains concentrated.

The reporting person is identified as an Officer and Interim President & CEO. The Form 4 reports a direct holding of 95,571 shares after the sale and an indirect holding of 1,158 shares through a 401(k) plan. The filing does not indicate that the sale was executed pursuant to a 10b5-1 trading plan, and the filer provides an explicit offer to furnish transaction-level price details. For governance review, the combination of a senior officer executing an open-market sale and retaining substantial remaining ownership is notable for monitoring, though the document contains no assertions about motive or plan-based authorization.

SEC Form 4

FORM 4

UNITED 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^*

SCHLANGER DANIEL K

(Last) (First) (Middle)

8020 KATY FREEWAY

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CROWN CASTLE INC. [ CCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 Par Value	08/08/2025		S		15,000	D	$105.795(1)	95,571	D
Common Stock, $0.01 Par Value								1,158(2)	I	By 401(K) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the weighted average per share price of sales transacted on August 8, 2025; such sales were conducted through various transactions at per share sale prices ranging from $105.510 to $106.225, 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.

2. Represents shares previously acquired in transactions exempt under Rule 16b-3(c).

Remarks:

	/s/ Daniel K. Schlanger	08/11/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Daniel K. Schlanger report for CCI on the Form 4?

He reported an open-market sale of 15,000 shares of Crown Castle (CCI) common stock on 08/08/2025.

At what price were the CCI shares sold according to the Form 4?

The filing shows a weighted average sale price of $105.795 per share and reports sale prices ranged from $105.510 to $106.225.

How many CCI shares does the reporting person own after the reported transactions?

After the reported sale the filing shows 95,571 shares owned directly and 1,158 shares indirectly via a 401(k) plan.

Does the Form 4 state the sale was made under a 10b5-1 trading plan?

No; the Form 4 does not indicate the transaction was executed pursuant to a 10b5-1 plan.

Can investors get a breakdown of how many shares were sold at each price?

Yes; the filer states they will provide the issuer, any security holder, or SEC staff the number of shares sold at each separate price upon request.