Crown Castle CEO exercises 31,806 RSUs
Crown Castle’s CEO converted vested Time RSUs into common stock, with a portion of the new shares withheld to cover tax obligations.
Rhea-AI Filing Summary
CROWN CASTLE INC. (CCI) reported that President and CEO Christian H. Hillabrant exercised vested equity awards on September 15, 2026. Time-based RSUs covering 24,466 and 7,340 units were converted into the same number of common shares. Of the resulting shares, 12,160 were withheld by the issuer at $74.17 per share to satisfy the reporting person's tax withholding obligations. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,806 shares exercised/converted
Exercise
5 txns
Insider
Hillabrant Christian H
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time RSUs F2, F3 | 24,466 | $0.00 | $0.00 |
| Exercise | Time RSUs F2, F4 | 7,340 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 Par Value | 24,466 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 Par Value | 7,340 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, $0.01 Par Value F1 | 12,160 | $74.17 | $902K |
Holdings After Transaction:
Time RSUs — 63,612 contracts (Direct);
Common Stock, $0.01 Par Value — 19,646 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld by the issuer to satisfy the reporting person's tax withholding.
- F2. 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.
- F3. Represents a one-time award of make-whole Time RSUs previously granted on September 15, 2025, in connection with the reporting person's appointment as President and Chief Executive Officer. 33 1/3% of these Time RSUs vest on September 15 of each of 2026, 2027 and 2028.
- F4. 33 1/3% of these Time RSUs vest on September 15 of each of 2026, 2027 and 2028.
Key Figures
Time RSUs converted (first tranche): 24,466 units
Time RSUs converted (second tranche): 7,340 units
Total RSU exercises reported: 31,806 units
+3 more
6 metrics
Time RSUs converted (first tranche)
24,466 units
Time RSUs converted into common stock on September 15, 2026
Time RSUs converted (second tranche)
7,340 units
Additional Time RSUs converted into common stock on September 15, 2026
Total RSU exercises reported
31,806 units
Aggregate derivative exercises (Time RSUs) per transaction summary
Shares withheld for taxes
12,160 shares
Common shares withheld to satisfy tax withholding obligations
Tax withholding value per share
$74.17 per share
Value used for the 12,160 shares withheld for tax withholding
RSU vesting schedule
33 1/3% per year
Time RSUs vest on September 15 of 2026, 2027, and 2028
Key Terms
Restricted Stock Unit, Time RSUs, Long-Term Incentive Plan, tax withholding
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") is issued pursuant to the Crown Castle Inc."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Time RSUs financial
"Represents a one-time award of make-whole Time RSUs previously granted"
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.
tax withholding financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did CCI’s CEO report on September 15, 2026?
Christian H. Hillabrant converted vested Time RSUs into 24,466 and 7,340 shares of Crown Castle common stock, and 12,160 of those shares were withheld by the issuer to satisfy his tax withholding obligations at a value of $74.17 per share.
Did CCI receive cash proceeds from the CEO’s September 15, 2026 Form 4 transactions?
The Form 4 shows RSUs converting into shares and 12,160 shares withheld by Crown Castle to satisfy the CEO’s tax withholding at $74.17 per share. It does not describe an open-market sale generating proceeds to the CEO.
Were the Crown Castle (CCI) CEO’s transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for the transactions reported for Crown Castle’s President and CEO on September 15, 2026.
What are Time RSUs reported in CCI’s CEO Form 4?
The Time RSUs are Restricted Stock Units issued under the Crown Castle Inc. 2022 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of Crown Castle common stock, vesting in time-based installments as described in the footnotes.
How do the make-whole Time RSUs for CCI’s CEO vest?
Footnotes state that the one-time make-whole Time RSUs granted in connection with the CEO’s appointment vest 33 1/3% on September 15 of each of 2026, 2027, and 2028, with each vested portion convertible into an equal number of common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.