Crane NXT (CXT) SVP Keayes logs RSU vesting and 383-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane NXT, Co. SVP Samuel Keayes reported routine equity compensation activity involving Restricted Share Units (RSUs). On May 3, 2026, 813 RSUs vested and converted into common stock on a one-for-one basis, as described in the footnotes.
To cover tax obligations, 383 common shares were disposed of through a tax-withholding transaction at $44.60 per share. After these transactions, Keayes directly held 23,830 common shares and 8,536 RSUs, which continue to vest 25% per year over four years from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
813 shares exercised/converted
Mixed
3 txns
Insider
Keayes Samuel
Role
SVP, Security & Auth. Tech.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 813 | $0.00 | -- |
| Exercise | COMMON STOCK | 813 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 383 | $44.60 | $17K |
Holdings After Transaction:
Restricted Share Unit — 8,536 shares (Direct, null);
COMMON STOCK — 23,830 shares (Direct, null)
Footnotes (1)
- Represents vesting of 813 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.
Key Figures
RSUs vested: 813 units
Tax-withheld shares: 383 shares
Withholding price: $44.60 per share
+3 more
6 metrics
RSUs vested
813 units
Restricted Share Units vested and converted on May 3, 2026
Tax-withheld shares
383 shares
Common shares delivered for tax withholding on May 3, 2026
Withholding price
$44.60 per share
Value used for tax-withholding disposition of 383 shares
Common shares after transactions
23,830 shares
Direct Crane NXT common stock holdings following transactions
RSUs remaining
8,536 units
Restricted Share Units held after vesting event
RSU vesting schedule
25% per year over four years
RSUs vest annually beginning on first anniversary of grant date
Key Terms
Restricted Share Units, tax-withholding disposition, derivative exercise/conversion, vest 25% per year over four years
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 383 common 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 exercise/conversion financial
"transaction_action: "derivative exercise/conversion" related to RSUs"
vest 25% per year over four years financial
"Restricted Share Units vest 25% per year over four years beginning on the first anniversary"
FAQ
What did Crane NXT (CXT) executive Samuel Keayes report in this Form 4?
Samuel Keayes reported vesting of 813 Restricted Share Units that converted into Crane NXT common stock, and a tax-withholding disposition of 383 shares at $44.60 per share. These transactions reflect routine equity compensation and related tax payments.