Crane NXT (CXT) VP logs RSU vesting and tax-related share disposals in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane NXT, Co. executive Bianca B. Shardelow, VP, Controller & CAO, reported routine equity award activity in company stock. On February 26 and 28, Restricted Share Units vested and converted into common stock on a one-for-one basis, increasing her direct holdings.
To cover related tax obligations, she disposed of 112 shares at $51.02 and 111 shares at $48.29, as shown by code "F" transactions. After these transactions, her directly owned common stock balance reported in the filing was 4,053 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
434 shares exercised/converted
Mixed
6 txns
Insider
Shardelow Bianca B.
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 216 | $0.00 | -- |
| Exercise | COMMON STOCK | 216 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 111 | $48.29 | $5K |
| Exercise | Restricted Share Unit | 218 | $0.00 | -- |
| Exercise | COMMON STOCK | 218 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 112 | $51.02 | $6K |
Holdings After Transaction:
Restricted Share Unit — 3,272 shares (Direct);
COMMON STOCK — 4,164 shares (Direct)
Footnotes (1)
- Represents vesting of 218 previously reported Restricted Share Units. Represents vesting of 216 previously reported Restricted Share Units. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
FAQ
What insider transactions did Bianca B. Shardelow report at Crane NXT (CXT)?
Bianca B. Shardelow reported vesting of Restricted Share Units that converted into Crane NXT common stock, along with share disposals to cover tax obligations. These are primarily administrative equity award events, not open-market stock purchases or sales.
Were the Crane NXT (CXT) Form 4 transactions open-market buys or sells?
No open-market buys or sells are indicated. The Form 4 shows RSU vesting and conversions (code "M") and tax-withholding dispositions (code "F"). These actions are tied to equity compensation rather than voluntary market trades by the reporting executive.