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Crown Castle (NYSE: CCI) EVP exercises RSUs and withholds shares for taxes

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

Rhea-AI Filing Summary

CROWN CASTLE INC. executive Catherine Piche, EVP & COO-Towers, exercised 5,438 Time RSUs on February 19, 2026, receiving the same number of common shares at a stated price of $0.00 per share. These RSUs were granted on February 26, 2025 under the company’s 2022 Long-Term Incentive Plan.

On the same date, 1,607 common shares at $87.43 per share were withheld by the company to cover her tax withholding obligations related to the RSU vesting, leaving her with 17,660 directly held common shares and 48 additional shares held indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
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*
Piche Catherine

(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)
EVP & COO-Towers
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 M 5,438 A $0 19,267 D
Common Stock, $0.01 Par Value 02/19/2026 F 1,607(1) D $87.43 17,660 D
Common Stock, $0.01 Par Value 48(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
Time RSUs (3) 02/19/2026 M 5,438 (4) (4) Common Stock 5,438 $0 10,878 D
Explanation of Responses:
1. Represents shares withheld by the issuer to satisfy the reporting person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the reporting person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
2. Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
3. Each RSU was issued pursuant to the Crown Castle Inc. ("Company") 2022 Long-Term Incentive Plan 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.
4. These Time RSUs were previously granted on February 26, 2025. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2026, 2027 and 2028.
Remarks:
/s/ Catherine Piche 02/19/2026
** 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 insider transaction did CCI executive Catherine Piche report on this Form 4?

Catherine Piche reported exercising 5,438 Time RSUs into the same number of Crown Castle common shares on February 19, 2026. This followed the vesting of restricted stock units granted under the company’s 2022 Long-Term Incentive Plan in February 2025.

How many CCI shares were withheld to cover Catherine Piche’s tax obligations?

The company withheld 1,607 Crown Castle common shares at $87.43 per share to satisfy Catherine Piche’s tax withholding obligation. This withholding occurred in connection with the vesting of previously granted restricted stock units and is treated as exempt under Rule 16b-3(e).

How many Crown Castle (CCI) shares does Catherine Piche own after these transactions?

After the reported transactions, Catherine Piche directly holds 17,660 shares of Crown Castle common stock. She also has an additional 48 shares held indirectly through a 401(k) plan, reflecting her post-transaction ownership positions as disclosed in the Form 4 filing.

What is the vesting schedule for Catherine Piche’s Time RSUs at Crown Castle (CCI)?

The Time RSUs were granted on February 26, 2025, with 33⅓% of the original grant vesting on February 19 of 2026, 2027, and 2028. Each RSU represents a contingent right to receive one share of Crown Castle common stock under the 2022 Long-Term Incentive Plan.

Were Catherine Piche’s Crown Castle (CCI) RSU-related transactions open-market purchases or sales?

The transactions reflect an exercise and vesting of previously granted RSUs and share withholding for taxes, not open-market trades. Shares used for tax withholding were retained by the issuer, and prior acquisitions referenced were exempt under Rule 16b-3(c).
Crown Castle

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