[Form 3] Crown Holdings Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
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.
Positive
- Insider ownership disclosed: The new division president holds 25,000 CCK shares, indicating some equity alignment with shareholders.
Negative
- None.
Insights
TL;DR — New insider reports 25k CCK shares; neutral governance event, minimal market impact.
Form 3 establishes Gary M. Gavin, now President – Americas Division, as a Section 16 insider holding 25,000 common shares. Insider ownership can signal alignment with shareholder interests, but the position size is modest relative to Crown Holdings’ ≈120 million shares outstanding. The filing contains no purchases, sales, or derivative positions, so it does not alter the company’s capital structure or convey trading intent. Consequently, the disclosure is considered routine and not materially impactful to valuation or governance risk assessments.