Crown Castle CFO exercises RSUs, withholds shares
Rhea-AI Filing Summary
CROWN CASTLE INC. Executive Vice President and Chief Financial Officer Sunit S. Patel reported equity compensation activity involving restricted stock units and common shares. On February 19, 2026, he acquired 5,726 common shares through the exercise or conversion of Time RSUs granted under the 2022 Long-Term Incentive Plan. The filing also reports a disposition of 1,447 common shares at $87.43 per share, withheld by the company to satisfy tax withholding obligations upon RSU vesting. The Time RSUs were originally granted on February 26, 2025, and one-third of the grant vests on February 19 of each of 2026, 2027, and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time RSUs | 5,726 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 Par Value | 5,726 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 Par Value | 1,447 | $87.43 | $127K |
Footnotes (3)
- F1. 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).
- F2. 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.
- F3. 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.
FAQ
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What insider transactions did CCI CFO Sunit Patel report in this Form 4?
What are Time RSUs in the Crown Castle (CCI) Form 4 for Sunit Patel?
When do Sunit Patel’s Crown Castle Time RSUs vest according to the Form 4?
Does the Crown Castle (CCI) Form 4 indicate open-market buying or selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.