Crown Holdings (CCK) executive transfers 984 shares to cover restricted stock tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CROWN HOLDINGS, INC. executive Matt Madeksza, President - Transit Packaging, transferred 984 shares of common stock to the company on May 15, 2026 to cover tax withholding on vesting of restricted stock. This reduced his directly held stake to 50,806 shares and was not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madeksza Matt
Role
President - Transit Packaging
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 984 | $96.08 | $95K |
Holdings After Transaction:
Common — 50,806 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares transferred for tax withholding: 984 shares
Transfer price per share: $96.08 per share
Shares held after transaction: 50,806 shares
3 metrics
Shares transferred for tax withholding
984 shares
Common stock transferred on May 15, 2026
Transfer price per share
$96.08 per share
Value used for tax-withholding share transfer
Shares held after transaction
50,806 shares
Directly held Crown Holdings common stock post-transaction
Key Terms
restricted stock, tax withholding, Form 4, transaction code F
4 terms
restricted stock financial
"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.
tax withholding financial
"shares transferred to the Company for tax withholding in connection"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
transaction code F regulatory
"transaction_code": "F""
FAQ
What insider transaction did CCK executive Matt Madeksza report?
Matt Madeksza reported transferring 984 Crown Holdings shares to the company. The shares were used to satisfy tax withholding obligations triggered by the vesting of restricted stock, rather than representing an open-market sale of his holdings.
Was the Crown Holdings (CCK) Form 4 transaction a stock sale?
The Form 4 transaction was not an open-market stock sale. It reflects 984 shares transferred back to Crown Holdings to cover tax withholding upon restricted stock vesting, a routine administrative event rather than a discretionary sale into the market.
What does transaction code F mean in the Crown Holdings Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, 984 Crown Holdings shares were delivered to the company to pay taxes due upon restricted stock vesting, rather than being sold on the open market for investment purposes.