Crown Castle (NYSE: CCI) EVP awarded 11,083 time RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinson Kristoffer L reported acquisition or exercise transactions in this Form 4 filing.
CROWN CASTLE INC. granted 11,083 Time Restricted Stock Units (RSUs) to Executive Vice President and Chief Commercial Officer Kristoffer L. Hinson as equity compensation. Each RSU represents a contingent right to receive one share of common stock under the company’s 2022 Long-Term Incentive Plan.
These Time RSUs vest in three equal installments of 33 1/3% on May 10 of 2027, 2028 and 2029, aligning the executive’s compensation with long-term performance and service. Following this grant, Hinson holds 11,083 Time RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hinson Kristoffer L
Role
EVP and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time RSUs | 11,083 | $0.00 | -- |
Holdings After Transaction:
Time RSUs — 11,083 shares (Direct, null)
Footnotes (1)
- 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. These Time RSUs were granted in connection with the reporting person's appointment to Executive Vice President and Chief Commercial Officer. 33 1/3% of these Time RSUs vests on May 10 of 2027, 2028 and 2029.
Key Figures
Time RSUs granted: 11,083 units
RSU grant price: $0.00 per unit
Underlying common stock: 11,083 shares
+4 more
7 metrics
Time RSUs granted
11,083 units
Grant to EVP and CCO Kristoffer L. Hinson
RSU grant price
$0.00 per unit
Compensation award under 2022 Long-Term Incentive Plan
Underlying common stock
11,083 shares
Each RSU equals one share of common stock
Post-grant RSU holdings
11,083 Time RSUs
Total derivative holdings following transaction
First vesting date
May 10, 2027
33 1/3% of Time RSUs vest
Second vesting date
May 10, 2028
33 1/3% of Time RSUs vest
Third vesting date
May 10, 2029
Final 33 1/3% of Time RSUs vest
Key Terms
Restricted Stock Unit ("RSU"), Time RSUs, Long-Term Incentive Plan, contingent right
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") is issued pursuant to the Crown Castle Inc. 2022 Long-Term Incentive Plan"
Time RSUs financial
"These Time RSUs were granted in connection with the reporting person's appointment"
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.
contingent right financial
"represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did CCI report for EVP Kristoffer Hinson?
Crown Castle reported an equity award to EVP and CCO Kristoffer Hinson. He received 11,083 Time RSUs, each representing a contingent right to one share of common stock, under the 2022 Long-Term Incentive Plan as part of his executive compensation package.
How many RSUs did Crown Castle (CCI) grant in this Form 4?
Crown Castle granted 11,083 Time Restricted Stock Units. These RSUs were issued at a price of $0.00 per unit as a compensation award, giving Hinson a contingent right to receive up to 11,083 shares of common stock upon vesting.
What is the vesting schedule for Kristoffer Hinson’s CCI Time RSUs?
The 11,083 Time RSUs vest in three equal annual installments. Specifically, 33 1/3% of the award vests on May 10 of 2027, 2028 and 2029, tying the value of the grant to Hinson’s continued service over that multi‑year period.
What does each RSU represent in the CCI Form 4 grant?
Each RSU represents a contingent right to one Crown Castle common share. The units are issued under the company’s 2022 Long-Term Incentive Plan and convert into actual shares of common stock only upon satisfaction of the stated vesting conditions and timing.