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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 4,456 | $0.00 | -- |
| Tax Withholding | Common | 6,230 | $105.74 | $659K |
| Grant/Award | Common | 22,339 | $0.00 | -- |
| holding | Common | -- | -- | -- |
Footnotes (1)
- Represents additional performance-based shares of Restricted Common Stock that vested on January 5, 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 Total Shareholder Return versus a defined group of companies with the final number of performance-based shares varying from 0 to 200% of 4,501. The Total Shareholder Return achieved by the Company versus a defined peer group of companies yielded 199% payout. As a result, 4,456 additional TSR Performance-Based Shares were issued. Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock. The Reporting Person was granted 22,339 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 7,692 time-vested restricted shares vest over a three year period as follows: 2,564 time-vested restricted shares on January 5, 2027, January 3, 2028 and January 3, 2029, respectively. 6,871 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 6,871. 7,776 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 7,776. At December 31, 2025, the Reporting Person owned 364 shares of CCK Common Stock under the CCK 401(k) Plan.
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.
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.