Crane NXT SVP reports RSU vesting and tax shares
Crane NXT, Co. senior vice president and general counsel Paul Gerard Igoe reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Crane NXT, Co. senior vice president and general counsel Paul Gerard Igoe reported routine equity compensation activity. On the vesting of 4,739 previously granted restricted share units, those units converted into an equal number of common shares on a one-for-one basis. To satisfy tax obligations, 1,438 common shares were disposed of at $41.56 per share, reducing the net shares retained. Following these transactions, Igoe directly held 11,723 shares of Crane NXT common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Share Unit | 4,739 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 4,739 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 1,438 | $41.56 | $60K |
Footnotes (3)
- F1. Represents vesting of 4,739 previously reported Restricted Share Unit.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity compensation did CXT executive Paul Gerard Igoe report on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.