Crown Holdings (CCK) discloses executive stock vesting and new grants
Rhea-AI Filing Summary
Crown Holdings, Inc. reported equity award activity for its SVP, General Counsel & Secretary on January 5, 2026. The executive received 4,056 performance-based restricted shares that vested after the company’s total shareholder return versus a defined peer group produced a 199% payout on an original 2023 grant.
On the same date, 4,313 shares were surrendered to the company at $105.74 per share to cover tax withholding tied to restricted stock vesting. The executive was also granted 12,300 new restricted shares under the 2022 Stock-Based Compensation Plan, split between time-vested awards through 2029 and performance-based awards tied to future total shareholder return and return on invested capital outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 4,056 | $0.00 | -- |
| Tax Withholding | Common | 4,313 | $105.74 | $456K |
| Grant/Award | Common | 12,300 | $0.00 | -- |
Footnotes (1)
- Represents additional performance-based shares of Restricted Common Stock that vested on January 5, 2026. Performance-based shares were originally granted on January 5, 2023 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 4,097. The Total Shareholder Return achieved by the Company versus a defined peer group of companies yielded 199% payout. As a result, 4,056 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 12,300 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 4,235 time-vested restricted shares vest over a three year period as follows: 1,412 time-vested restricted shares on January 5, 2027 and January 3, 2028, respectively and 1,411 time-vested restricted shares on January 3, 2029. 3,783 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 3,783. 4,282 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 4,282.
FAQ
What insider stock activity did Crown Holdings (CCK) disclose for January 5, 2026?
The company disclosed that its SVP, General Counsel & Secretary had 4,056 performance-based restricted shares vest, transferred 4,313 shares back to the company for tax withholding at $105.74 per share, and received a new grant of 12,300 restricted shares under the 2022 Stock-Based Compensation Plan.
What role does the reporting person hold at Crown Holdings (CCK)?
The reporting person is an officer of Crown Holdings, serving as SVP, General Counsel & Secretary, and filed the equity transactions as a single reporting person.
Does this Crown Holdings (CCK) insider filing involve derivative securities?
The provided disclosure includes a table for derivative securities, but no specific derivative transactions are listed in the excerpt. The detailed activity disclosed relates to non-derivative common stock and restricted stock transactions.