STOCK TITAN

CROWN HOLDINGS (CCK) executive uses 3,113 shares to cover tax on vesting

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CROWN HOLDINGS, INC. executive Gary M. Gavin, President of the Americas Division, reported a routine tax-related share disposition. On the vesting of restricted stock, 3,113 common shares were transferred to the company at $96.08 per share to cover withholding taxes. After this non-market transaction, he directly holds 34,875 common shares.

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Insider Gavin Gary M
Role President - Americas Division
Type Security Shares Price Value
Tax Withholding Common 3,113 $96.08 $299K
Holdings After Transaction: Common — 34,875 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares transferred for tax 3,113 shares Tax withholding on restricted stock vesting
Transfer price per share $96.08 per share Value used for tax-withholding disposition
Shares held after transaction 34,875 shares Direct ownership following tax withholding
Transaction date May 15, 2026 Date of tax-withholding disposition
tax withholding financial
"transferred to the Company for tax withholding in connection with vesting"
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.
transaction code F regulatory
"Transaction code F indicates payment of tax liability by delivering securities"
Form 4 regulatory
"reported on this Form 4 as a tax-withholding disposition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gavin Gary M

(Last)(First)(Middle)
HIDDEN RIVER CORPORATE CENTER TWO
14025 RIVEREDGE DRIVE, SUITE 300

(Street)
TAMPA FLORIDA 33637

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CROWN HOLDINGS, INC. [ CCK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President - Americas Division
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common05/15/2026F3,113(1)D$96.0834,875D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
/s/ Noelle N. Critz, by Power of Attorney05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CROWN HOLDINGS (CCK) executive Gary M. Gavin report on this Form 4?

Gary M. Gavin reported a transfer of 3,113 CROWN HOLDINGS common shares to the company. This was to satisfy tax withholding obligations arising from the vesting of restricted stock, rather than an open-market sale of shares.

Was the CCK Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were transferred back to CROWN HOLDINGS to cover taxes due on restricted stock vesting, as indicated by transaction code F and the accompanying footnote.

How many CROWN HOLDINGS (CCK) shares were used for tax withholding?

A total of 3,113 common shares were transferred to CROWN HOLDINGS for tax withholding. The transaction price was $96.08 per share, reflecting the value used to satisfy the executive’s tax liability on vesting restricted stock.

How many CCK shares does Gary M. Gavin hold after this Form 4 transaction?

Following the tax-withholding disposition, Gary M. Gavin directly holds 34,875 CROWN HOLDINGS common shares. This figure reflects his remaining direct ownership after 3,113 shares were transferred back to the company for tax obligations.

What does transaction code F mean in the CCK Form 4 filing?

Transaction code F indicates shares were disposed of to pay the exercise price or tax liability. In this CROWN HOLDINGS filing, it reflects shares transferred to the company to cover withholding taxes on vesting restricted stock, not a discretionary market trade.