Crane NXT (NYSE: CXT) CEO logs RSU vesting and $52.95 share disposal
Rhea-AI Filing Summary
Crane NXT, Co. CEO and director Aaron W. Saak reported routine equity compensation activity. On 02/06/2026, 5,563 previously reported restricted share units vested and converted into common stock at an exercise price of $0. After this transaction, he directly held 38,433 common shares.
On the same date, 1,937 common shares were disposed of at $52.95 per share, leaving him with 36,496 directly held common shares. He also held 47,359 restricted share units, which convert into common stock on a one-for-one basis and vest 25% per year over four years.
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FAQ
What insider transaction did Crane NXT (CXT) report for CEO Aaron W. Saak?
Aaron W. Saak reported vesting of 5,563 restricted share units into common stock at an exercise price of $0. He also reported the disposition of 1,937 common shares at $52.95 per share, reflecting routine equity compensation activity rather than an open-market purchase.
How many Crane NXT (CXT) common shares does the CEO hold after this Form 4?
Following the reported 02/06/2026 transactions, Aaron W. Saak directly holds 36,496 Crane NXT common shares. This figure reflects both the 5,563 vested shares from restricted share units and the 1,937-share disposition disclosed in the filing’s non-derivative securities table.
What happened to the 5,563 restricted share units in the Crane NXT (CXT) filing?
The 5,563 restricted share units vested and were converted into an equal number of Crane NXT common shares at an exercise price of $0. These units had been previously reported and represent part of the CEO’s long-term equity compensation package.
At what price were Crane NXT (CXT) shares disposed of in this Form 4?
The filing shows a disposition of 1,937 Crane NXT common shares at a price of $52.95 per share on 02/06/2026. This transaction appears as transaction code “F” in the non-derivative securities table of the Form 4.
How many restricted share units does the Crane NXT (CXT) CEO still hold?
After the 5,563-unit vesting event, Aaron W. Saak holds 47,359 restricted share units. These units convert into Crane NXT common stock on a one-for-one basis and vest 25% per year over four years starting on the first anniversary of the grant date.
How do Crane NXT (CXT) restricted share units vest for the CEO?
The restricted share units vest in four equal annual installments of 25% each. Vesting begins on the first anniversary of the grant date, and each vested unit converts into one Crane NXT common share, as disclosed in the Form 4 footnotes.