Crown Holdings (NYSE: CCK) amends Form 4, details 11,772-share award
Rhea-AI Filing Summary
Crown Holdings, Inc. filed an amended insider transaction report for its President – Americas Division. The amendment notes that a previously reported disposal of 955 shares of common stock was incorrectly reported due to an administrative error and shows the executive holding 37,988 common shares directly after the correction.
The report also describes a grant of 11,772 shares of restricted common stock under the 2022 Stock-Based Compensation Plan. Of these, 4,053 time-vested shares are scheduled to vest in three equal installments of 1,351 shares on January 5, 2027, January 3, 2028, and January 3, 2029. In addition, 3,621 performance-based shares may vest on January 3, 2029 based on total shareholder return versus a peer group, and 4,098 performance-based shares may vest on the same date based on return on invested capital, with each performance-based portion ultimately ranging from 0% to 200% of its target amount.
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