Crane NXT (NYSE: CXT) SVP vests 813 RSUs, withholds 383 tax shares
Rhea-AI Filing Summary
Crane NXT, Co. executive Samuel Keayes, SVP Security & Auth. Tech., reported equity compensation activity involving restricted share units and common stock. On May 3, 2026, 813 previously reported Restricted Share Units vested and converted into 813 shares of common stock on a one-for-one basis.
In connection with this vesting, 383 shares of common stock were disposed of at $44.600 per share to satisfy tax obligations, characterized as a tax-withholding disposition. The restricted share units vest 25% per year over four years, beginning on the first anniversary of the grant date. After these transactions, Keayes directly holds 23,447 shares of Crane NXT common stock.
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- None.
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Insider Trade Summary
Net Buyer: 430 shares
Net Buy
3 txns
Insider
Keayes Samuel
Role
SVP, Security & Auth. Tech.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 813 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 813 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 383 | $44.60 | $17K |
Holdings After Transaction:
Restricted Share Unit — 8,536 shares (Direct);
COMMON STOCK — 23,447 shares (Direct)
Footnotes (3)
- F1. Represents vesting of 813 previously reported Restricted Share Units.
- F2. Restricted Share Units convert into common stock on a one-for-one basis.
- F3. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
Key Figures
RSUs vested: 813 Restricted Share Units
Common shares from RSU vesting: 813 shares
Tax-withholding shares: 383 shares at $44.600 per share
+1 more
4 metrics
RSUs vested
813 Restricted Share Units
Previously reported RSUs that vested and converted into common stock on May 3, 2026
Common shares from RSU vesting
813 shares
Common stock received upon conversion of vested Restricted Share Units
Tax-withholding shares
383 shares at $44.600 per share
Shares delivered to satisfy tax obligations related to RSU vesting
Post-transaction holdings
23,447 shares
Direct common stock holdings of Samuel Keayes after the reported transactions
Key Terms
Restricted Share Unit, tax-withholding disposition, derivative security
3 terms
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition of 383 shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code M denotes exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Samuel Keayes report in Crane NXT (CXT) Form 4?
Samuel Keayes reported the vesting of 813 Restricted Share Units, which converted into 813 common shares, and a related tax-withholding disposition of 383 shares on May 3, 2026. These transactions reflect equity compensation mechanics rather than open-market trading.
Were the Crane NXT (CXT) Form 4 transactions open-market buys or sells?
No, the reported transactions were not open-market trades. They involved the exercise/vesting of 813 RSUs into common stock and a tax-withholding disposition of 383 shares, executed to cover tax obligations associated with the equity award vesting.