Crane NXT (CXT) CFO details RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane NXT (CXT) senior vice president and chief financial officer Cristiano Christina reported multiple equity award transactions from February 5–7, 2026. Performance-based restricted share units granted in 2023 converted into common stock after a three-year performance period, with each unit delivering 0.833 share based on achieved results.
Time-based restricted share units also vested on February 6 and 7, 2026 and converted into common stock on a one-for-one basis. In connection with these vestings, shares of common stock were withheld at prices of $52.51, $52.95, and $56.05 to cover taxes. After these transactions, Christina directly holds 8,410 shares of common stock and 14,605 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,313 shares exercised/converted
Mixed
9 txns
Insider
Cristiano Christina
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 139 | $0.00 | -- |
| Exercise | COMMON STOCK | 139 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 71 | $56.05 | $4K |
| Exercise | Restricted Share Unit | 130 | $0.00 | -- |
| Exercise | COMMON STOCK | 130 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 67 | $52.95 | $4K |
| Exercise | 2023 Performance-Based Restricted Share Unit | 1,044 | $0.00 | -- |
| Exercise | COMMON STOCK | 870 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 445 | $52.51 | $23K |
Holdings After Transaction:
Restricted Share Unit — 14,605 shares (Direct);
COMMON STOCK — 8,481 shares (Direct);
2023 Performance-Based Restricted Share Unit — 0 shares (Direct)
Footnotes (1)
- Each 2023 Performance-Based RSU represented a contingent right to receive a number of shares of issuer common stock between 0 and 2.0. On February 5, 2026, each Performance-Based RSU was converted to 0.833 shares of common stock based on actual performance of the issuer's common stock during the three-year performance period ended December 31, 2025. Represents vesting of 130 previously reported Restricted Share Units. Represents vesting of 139 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 Crane NXT (CXT) CFO Cristiano Christina report?
Crane NXT CFO Cristiano Christina reported equity award activity where performance-based and time-based restricted share units converted into common stock between February 5 and 7, 2026. Some resulting common shares were withheld at stated market prices to cover associated tax obligations.
How did the 2023 performance-based RSUs for Crane NXT (CXT) vest?
Each 2023 performance-based RSU became a right to receive between 0 and 2.0 Crane NXT common shares. On February 5, 2026, each unit converted into 0.833 share, reflecting actual stock performance over the three-year period ending December 31, 2025.
Does the Crane NXT (CXT) Form 4 show any derivative securities remaining from 2023 performance RSUs?
No derivative balance remains from the 2023 performance-based restricted share units after February 5, 2026. The table shows 1,044 such units converted to Crane NXT common stock, leaving zero performance-based RSUs of that grant still beneficially owned.