Crown Holdings SEC Filings

JPMorgan Chase Financial Company LLC is offering three-year, auto-callable contingent income securities linked to the common stock of Bank of America Corp. (BAC). Each $1,000 note may be redeemed quarterly at par plus the applicable coupon if, on any of the 11 observation dates between October 2025 and April 2028, BAC’s closing price is at or above the initial stock price. If not redeemed, the notes mature on 14 July 2028.

Contingent coupon: at least 2.5125% per quarter (≥ 10.05% p.a.) paid only if BAC closes at or above the downside threshold (75 % of the initial price) on the relevant date. Investors receive no coupon for periods in which BAC is below the threshold.

Principal repayment:

• At or above 75 % at maturity – par plus final coupon.
• Below 75 % – repaid in proportion to BAC’s decline (stock performance factor); loss of up to 100 % of principal possible.

Key dates: Pricing expected 11 July 2025; settlement three business days later; quarterly observation dates run until 11 July 2028.

The estimated value will be ≥ $940 per $1,000 note, reflecting dealer discount and hedging costs. Any payment depends on the credit of JPMorgan Financial (issuer) and JPMorgan Chase & Co. (guarantor). Secondary liquidity may be limited and offered below issue price.

Main risks: conditional coupons, no upside participation in BAC appreciation, exposure to BAC downside below 75 %, early call risk, issuer/guarantor credit risk, and uncertain U.S. tax treatment.

Crown Holdings, Inc. (CCK) – Form 4 insider filing dated 07/03/2025.

Executive Vice President & Chief Operating Officer Djalma Novaes Jr. reported the acquisition of 2,082 shares of restricted common stock on 07/01/2025 under the company’s 2022 Stock-Based Compensation Plan. The grant was recorded at a price of $0 because it represents equity compensation rather than an open-market purchase.

Breakdown of the award:

• 792 time-vested shares vest in three equal installments: 264 shares on 08/03/2026, 264 on 01/04/2027 and 264 on 01/03/2028.
• 490 performance-based shares vest on 01/03/2028 subject to Total Shareholder Return (TSR) vs. a peer group, with payout ranging from 0–200 % of target.
• 800 performance-based shares vest on 01/03/2028 based on Return on Invested Capital (ROIC), with payout ranging from 0–800 shares.

Following this grant, Novaes’ direct beneficial ownership rises to 116,595 shares.

No derivative securities were reported, and there were no dispositions of shares. The filing was signed by attorney-in-fact Rosemary Haselroth on 07/03/2025.

Crown Holdings, Inc. (CCK) filed a Form 144 indicating that insider James Miller intends to sell up to 1,000 common shares through Wells Fargo Clearing Services on or about 02 Jul 2025. The shares have an aggregate market value of $104,851.60, implying a reference price of roughly $104.85 per share.

Crown has 116,392,214 shares outstanding, so the proposed sale represents only ≈0.00086 % of the float—an immaterial fraction from a capital-markets perspective. The seller originally acquired the shares on 01 Oct 2015 via compensation from the issuer.

The filing also discloses that the same individual sold 2,500 shares for $247,814.75 on 11 Jun 2025. No adverse information is asserted, and the filer attests to not possessing undisclosed material facts, fulfilling Rule 144 requirements.

Investor takeaway: This is a routine notice of a small insider transaction. While persistent insider selling can sometimes be viewed cautiously, the scale here is negligible and is unlikely to influence trading dynamics or valuation of CCK.

Sun Country Airlines Holdings, Inc. (SNCY) – Form 144 filing

The notice discloses that Grant N. Whitney intends to sell 893 shares of SNCY common stock, representing roughly 0.0017 % of the 53.2 million shares outstanding. The proposed sale, to be executed through Fidelity Brokerage Services, is valued at approximately $10,903.53 and is scheduled for 02 July 2025 on the Nasdaq.

The shares derive from restricted-stock units that vested on 30 June 2025 as part of compensation. Whitney has also sold 1,277 shares over the past three months, generating gross proceeds of $14,679.20.

While insider sales can signal reduced confidence, the dollar value and percentage of outstanding shares are immaterial for valuation purposes. No new operational or financial information about Sun Country Airlines is provided; the filing is strictly a regulatory disclosure of a prospective, small-scale insider transaction.

Form 3 filing for Crown Holdings, Inc. (CCK) reports the initial beneficial ownership of Gary M. Gavin, recently identified as President – Americas Division. As of the event date 07/01/2025, Gavin directly owns 25,000 shares of CCK common stock and discloses no derivative securities. The filing is made as an individual report under Section 16(a), establishing Gavin as an insider subject to ongoing ownership disclosures. No transactions, option grants, or changes in control are indicated; the document is purely a baseline ownership statement.