Crown Holdings SVP reports share grant, withholding
Crown Holdings executive reports equity award vesting and tax share withholding.
Rhea-AI Filing Summary
Crown Holdings executive reports equity award vesting and tax share withholding. Adam J. Dickstein, SVP, General Counsel & Secretary of Crown Holdings, received 952 performance-based restricted common shares on February 26, 2026 at no cost, following achievement of a 120% payout versus a 4,760-share ROIC target from a 2023 grant.
On the same date, 2,485 common shares were transferred back to the company to cover tax withholding triggered by restricted stock vesting, rather than sold on the open market. After these transactions, Dickstein directly holds 66,720 shares of Crown Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 952 | $0.00 | $0.00 |
| Disposition | Common | 2,485 | $115.36 | $287K |
Footnotes (2)
- F1. 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 4,760. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded a 120% payout. As a result, 952 additional performance-based restricted shares were issued.
- F2. Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
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What did Crown Holdings (CCK) insider Adam J. Dickstein report on this Form 4?
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