Crown Holdings (NYSE: CCK) EVP transfers 104 shares for tax withholding
Rhea-AI Filing Summary
Crown Holdings EVP & COO Djalma Novaes Jr transferred 104 shares of Crown Holdings common stock on 2026-08-03 at $119.87 per share to the company to satisfy tax withholding in connection with vesting of restricted stock. After this tax-withholding disposition, he directly owned 86,565 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 104 shares
Net Sell
1 txn
Insider
NOVAES DJALMA JR
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common F1 | 104 | $119.87 | $12K |
Holdings After Transaction:
Common — 86,565 shares (Direct)
Footnotes (1)
- F1. Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
Key Figures
Shares transferred for tax withholding: 104 shares
Per-share value of shares transferred: $119.87 per share
Shares owned after transaction: 86,565 shares
3 metrics
Shares transferred for tax withholding
104 shares
Common stock transferred to the company on 2026-08-03 to satisfy tax withholding
Per-share value of shares transferred
$119.87 per share
Value used for the 104-share tax-withholding transfer of common stock
Shares owned after transaction
86,565 shares
Direct ownership of Crown Holdings common stock following the tax-withholding disposition
Key Terms
tax withholding, restricted stock, Rule 10b5-1 trading plan
3 terms
tax withholding financial
"Represents shares transferred to the Company for tax withholding in connection"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted stock financial
"tax withholding in connection with vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Rule 10b5-1 trading plan regulatory
"document-level Rule 10b5-1 checkbox: true = transactions affirmed"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CCK executive Djalma Novaes Jr report?
EVP & COO Djalma Novaes Jr reported transferring 104 shares of Crown Holdings common stock to the company to cover tax withholding related to restricted stock vesting, rather than executing an open-market buy or sell transaction.
Was the reported CCK insider transaction part of a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this insider report was not selected, indicating the transfer of 104 shares for tax withholding was not reported as being executed under a pre-arranged Rule 10b5-1 trading plan.