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Crown Castle (CCI) director receives 2,673-share equity grant as compensation

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

Rhea-AI Filing Summary

Crown Castle Inc. director Matthew Thornton III reported an acquisition of company stock through a grant. On February 25, 2026, he received 2,673 shares of common stock at a price of $0.00 per share, issued under the Crown Castle Inc. 2022 Long-Term Incentive Plan as part of non-employee director compensation. Following this award, his directly held stake increased to 14,792 shares of common stock.

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*
Thornton Matthew III

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 A 2,673(1) A $0 14,792 D
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. The stock is issued pursuant to the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended, as a component of non-employee director compensation.
Remarks:
/s/ Matthew Thornton, III 02/27/2026
** 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 director Matthew Thornton III report?

Director Matthew Thornton III reported receiving 2,673 shares of Crown Castle common stock. The shares were granted at $0.00 per share as part of non-employee director compensation under the company’s 2022 Long-Term Incentive Plan, increasing his directly held ownership to 14,792 shares.

Was the Crown Castle (CCI) insider transaction a purchase or a stock grant?

The transaction was a stock grant, not an open-market purchase. Matthew Thornton III acquired 2,673 Crown Castle shares at $0.00 per share as a compensation award under the 2022 Long-Term Incentive Plan for non-employee directors, increasing his direct holdings.

How many Crown Castle (CCI) shares does Matthew Thornton III own after this Form 4?

After the reported grant, Matthew Thornton III directly owns 14,792 Crown Castle common shares. This reflects the addition of 2,673 shares awarded as non-employee director compensation under the company’s 2022 Long-Term Incentive Plan, as disclosed in the Form 4 filing.

What plan governed the CCI stock grant to Matthew Thornton III?

The stock was issued under the Crown Castle Inc. 2022 Long-Term Incentive Plan, as amended. This plan provides equity-based compensation, and the 2,673-share award was granted as a component of non-employee director compensation, rather than a market transaction or cash-based payment.

Does the Crown Castle Form 4 indicate any insider share sales?

The Form 4 does not report any insider share sales. It shows only an acquisition of 2,673 Crown Castle common shares by director Matthew Thornton III through a grant or award, with no corresponding disposition or sale transactions disclosed in this filing.

What is the significance of the $0.00 per-share price in the CCI Form 4?

The $0.00 per-share price indicates the shares were awarded as compensation, not purchased in the market. Matthew Thornton III received 2,673 Crown Castle shares for no cash consideration under the 2022 Long-Term Incentive Plan, consistent with typical equity grants to non-employee directors.
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