[Form 4] Crown Holdings Inc. Insider Trading Activity

Rhea-AI Filing Summary

Crown Holdings insider stock sales reported by President & CEO and Director Timothy J. Donahue. The Form 4 discloses open-market dispositions of company common stock executed on August 20–21, 2025: 37,000 shares sold on 08/20/2025 at a weighted-average price of $100.56 and 13,000 shares sold on 08/21/2025 at a weighted-average price of $100.52.

Following these transactions the reporting person directly owns 449,056 shares of Crown Holdings common stock and indirectly owns 776.55 shares through the company 401(k) plan. The form includes weighted-average price ranges for the trades and a standard signature attestation by an authorized representative.

Positive

• Full disclosure of transaction dates, amounts, weighted-average prices and post-transaction ownership
• Reporting person retains substantial direct ownership of 449,056 shares after the sales
• Indirect holdings disclosed (776.55 shares) via the company's 401(k) plan

Negative

• Insider sold a material block of 50,000 shares over two days, which could be perceived negatively by some investors
• No box checked indicating a 10b5-1 trading plan, so the filing does not state these sales were preplanned

Insights

Securities Analyst

TL;DR: CEO/director sold 50,000 CCK shares across two days at ~ $100.5; holdings remain substantial.

The transactions are open-market sales totaling 50,000 shares executed 08/20/2025 and 08/21/2025 at weighted-average prices of $100.56 and $100.52. Such sales by an executive can reflect routine liquidity needs or portfolio rebalancing rather than company-specific signals; the filing does not state a planned sale program. The reporting person continues to hold 449,056 shares directly, indicating maintained equity exposure.

Corporate Governance Expert

TL;DR: Form 4 shows compliant disclosure of insider sales with aggregated price ranges; no policy or 10b5-1 plan indicated.

The Form 4 provides required detail: transaction dates, amounts, weighted-average prices and remaining beneficial ownership, plus disclosure of indirect 401(k) holdings. The filing does not check the box indicating the trades were made under a 10b5-1 plan, and no securities derivative activity is reported. From a governance perspective, transparency is appropriate though the filing offers no rationale for the disposals.

SEC Form 4

FORM 4

UNITED 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^*

DONAHUE TIMOTHY J

(Last) (First) (Middle)

HIDDEN RIVER CORPORATE CENTER TWO

14025 RIVEREDGE DRIVE, SUITE 300

(Street)

TAMPA FL 33637

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CROWN HOLDINGS, INC. [ CCK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common	08/20/2025		S		37,000	D	$100.56(1)	462,056	D
Common	08/21/2025		S		13,000	D	$100.52(2)	449,056	D
Common								776.55(3)	I	By 401(k) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $100.18 to $100.78, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

2. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $100.28 to $100.77, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

3. At August 20, 2025, the Reporting Person owned 776.55 shares of CCK Common Stock under the CCK 401(k) Plan.

	/s/ Adam Dickstein, by Power of Attorney	08/22/2025
	** Signature of Reporting Person	Date
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.

FAQ

What shares did Timothy J. Donahue sell according to the CCK Form 4?

The Form 4 reports sales of 37,000 shares on 08/20/2025 at a weighted-average $100.56 and 13,000 shares on 08/21/2025 at a weighted-average $100.52.

How many CCK shares does the reporting person own after the transactions?

After the reported sales the reporting person directly owns 449,056 shares and indirectly owns 776.55 shares through the CCK 401(k) plan.

Were the sales reported as part of a 10b5-1 trading plan?

The Form 4 does not indicate that the transactions were executed pursuant to a 10b5-1 plan (no box checked to that effect).

Do the filings show option or derivative transactions for the reporting person?

No. Table II for derivative securities shows no exercised or outstanding derivative transactions reported in this filing.

What price ranges were disclosed for the reported sales?

For the 08/20/2025 sales prices ranged from $100.18 to $100.78. For the 08/21/2025 sales prices ranged from $100.28 to $100.77.