Crane NXT (CXT) CFO receives stock option and RSU grants in Form 4 filing
Rhea-AI Filing Summary
Crane NXT, Co. reported that its SVP and Chief Financial Officer, Cristiano Christina, received several equity awards. On February 25, 2026, he was granted 15,417 employee stock options with no upfront exercise cost, which become exercisable 25% per year over four years starting on the first anniversary of the grant.
He also acquired 12,250 2026 Performance-Based Restricted Share Units, each representing a contingent right to 0 to 2.00 shares of common stock, vesting on December 31, 2028 if multi-year performance criteria are met and employment continues, subject to exceptions. In addition, he was granted 6,125 restricted share units that convert into common stock on a one-for-one basis and vest 25% per year over four years beginning on the first anniversary of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 15,417 | $0.00 | -- |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 12,250 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 6,125 | $0.00 | -- |
Footnotes (1)
- Options become exercisable 25% per year over four years beginning on the first anniversary of the date of grant. Each 2026 Performance-Based Restricted Share Unit (RSU) represents a contingent right to receive a number of shares of issuer common stock between 0 and 2.00. 2026 Performance-Based RSUs vest on December 31, 2028, if issuer's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with issuer, subject to certain exceptions. 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.