Crown Holdings (NYSE: CCK) awards 8,661 restricted shares to Asia Pacific president
Rhea-AI Filing Summary
Crown Holdings reported that John M. Rost, President of its Asia Pacific division, received a grant of 8,661 shares of restricted common stock on January 5, 2026 under the 2022 Stock-Based Compensation Plan at a grant price of $0 per share. Of this award, 2,982 time-vested shares are scheduled to vest in three equal installments of 994 shares on January 5, 2027, January 3, 2028 and January 3, 2029. A further 2,664 performance-based shares are targeted to vest on January 3, 2029 based on total shareholder return versus a peer group, and 3,015 performance-based shares are targeted to vest the same day based on return on invested capital, with each performance tranche ultimately ranging from 0 to 200% of the target amount. Following this grant, Rost beneficially owns 17,871 shares of common stock directly, and as of December 31, 2025 he also held 296 shares through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 8,661 | $0.00 | -- |
| holding | Common | -- | -- | -- |
Footnotes (1)
- The Reporting Person was granted 8,661 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 2,982 time-vested restricted shares vest over a three year period as follows: 994 time-vested restricted shares on January 5, 2027, January 3, 2028 and January 3, 2029, respectively. 2,664 performance-based restricted shares are targeted to vest on January 3, 2029 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 2,664. 3,015 performance-based restricted shares are targeted to vest on January 3, 2029 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 200% of 3,015. At December 31, 2025, the Reporting Person owned 296 shares of CCK Common Stock under the CCK 401(k) Plan.
FAQ
What insider transaction did Crown Holdings (CCK) disclose for John M. Rost?
Crown Holdings disclosed that John M. Rost, President of the Asia Pacific division, was granted 8,661 shares of restricted common stock on January 5, 2026 under the company’s 2022 Stock-Based Compensation Plan.
What performance conditions apply to the Crown Holdings (CCK) restricted stock granted to John M. Rost?
The 2,664 performance-based shares depend on the company’s Total Shareholder Return versus a defined peer group, and the 3,015 performance-based shares depend on Return on Invested Capital versus an ROIC target, with actual vesting between 0 and 200% of each target amount.
What role does John M. Rost hold at Crown Holdings (CCK)?
John M. Rost is reported as an officer of Crown Holdings, serving as President - Asia Pacific Division, and the Form 4 reflects equity compensation related to this role.