Crown Holdings (NYSE: CCK) exec nets award, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crown Holdings executive Matt Madeksza reported mixed equity transactions in company stock. He acquired 744 additional performance-based restricted common shares that vested after the company achieved a 120% payout versus its return-on-invested-capital target. On the same date, 1,756 shares were disposed of to cover tax withholding at a price of $115.36 per share, leaving him with 51,790 directly owned common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Madeksza Matt
Role
President - Transit Packaging
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 744 | $0.00 | -- |
| Tax Withholding | Common | 1,756 | $115.36 | $203K |
Holdings After Transaction:
Common — 53,546 shares (Direct)
Footnotes (1)
- Represents additional performance-based shares of Restricted Common Stock that vested on February 26, 2026 whose grant was originally reported on a Form 4 filed with the Securities and Exchange Commission on January 6, 2023 (the "Original Form 4"). As reported on the Original Form 4, such performance-based shares were originally granted to the Reporting Person based on the Company's Return on Invested Capital achieved by the Company compared to the ROIC target with the final number of performance-based shares varying from 0 to 200% of 3,718. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded a 120% payout. As a result, 744 additional performance-based restricted shares were issued. Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
FAQ
What insider transactions did CCK executive Matt Madeksza report on February 26, 2026?
Matt Madeksza reported a mix of equity transactions on February 26, 2026. He received 744 additional performance-based restricted common shares and had 1,756 shares transferred back to Crown Holdings to satisfy tax withholding obligations tied to restricted stock vesting.
Were Matt Madeksza’s CCK transactions open-market buys or sells?
The transactions were not open-market trades. One line reflects a grant or award acquisition of 744 restricted shares, while the other reflects 1,756 shares delivered back to Crown Holdings to pay tax withholding, coded as a tax-liability transaction, not a discretionary sale.