Crown Holdings (CCK) CFO discloses stock vesting, tax withholding and new award
Rhea-AI Filing Summary
Crown Holdings Senior Vice President and CFO reported multiple equity transactions in company stock. On January 5, 2026, he received 4,456 additional performance-based restricted shares of common stock at $0, tied to a 2023 grant whose payout was based on the company’s total shareholder return versus a defined peer group, which produced a 199% payout. On the same date, 6,230 shares were transferred back to the company at $105.74 per share to cover tax withholding on vesting restricted stock. He was also granted 22,339 shares of restricted common stock under the 2022 Stock-Based Compensation Plan, a mix of time-vested and performance-based awards that are scheduled or targeted to vest through January 3, 2029 based on service, total shareholder return, and return on invested capital metrics. Following these transactions, he held 81,567 shares directly and 364 shares indirectly through a 401(k) plan as of the stated dates.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did CROWN HOLDINGS (CCK) report for its CFO?
The Senior Vice President & CFO of Crown Holdings reported equity transactions on January 5, 2026, including vesting of performance-based restricted shares, shares withheld for taxes, and a new grant of restricted common stock under the 2022 Stock-Based Compensation Plan.
How many Crown Holdings (CCK) shares vested for the CFO based on performance?
The filing states that 4,456 additional performance-based restricted shares of Crown Holdings common stock vested on January 5, 2026, based on the company’s total shareholder return versus a defined peer group, which yielded a 199% payout of the original target.
What new restricted stock award did the Crown Holdings (CCK) CFO receive?
The reporting person was granted 22,339 shares of restricted common stock under the 2022 Stock-Based Compensation Plan. This includes 7,692 time-vested shares that vest in three installments and 13,647 performance-based shares targeted to vest on January 3, 2029, subject to total shareholder return and return on invested capital goals.
Why were 6,230 Crown Holdings (CCK) shares transferred back to the company?
The filing explains that 6,230 shares of Crown Holdings common stock were transferred to the company at $105.74 per share to satisfy tax withholding obligations related to the vesting of restricted stock.
How many Crown Holdings (CCK) shares does the CFO own after these transactions?
After the reported transactions, the reporting person beneficially owned 81,567 shares of Crown Holdings common stock directly. In addition, he held 364 shares indirectly through the CCK 401(k) Plan as of December 31, 2025.
What performance conditions affect the Crown Holdings (CCK) CFO’s new restricted shares?
The filing states that 6,871 performance-based restricted shares are targeted to vest on January 3, 2029 based on total shareholder return versus a defined peer group, and 7,776 performance-based restricted shares are targeted to vest on the same date based on return on invested capital compared to an ROIC target, with final vesting from 0 to 200% of the target amounts.