Crane NXT CFO reports RSU vesting, tax withholding
Crane NXT, Co. Senior Vice President and Chief Financial Officer Christina Cristiano reported multiple equity transactions involving common stock and Restricted Share Units.
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Rhea-AI Filing Summary
Crane NXT, Co. Senior Vice President and Chief Financial Officer Christina Cristiano reported multiple equity transactions involving common stock and Restricted Share Units. On February 26, 1,200 Restricted Share Units vested and converted into the same number of common shares, with related tax-withholding dispositions of 613 shares at $51.02 per share.
On February 28, an additional 1,024 Restricted Share Units vested and converted into 1,024 common shares, with 523 shares withheld at $48.29 per share to cover taxes. After these transactions, she directly held 9,498 shares of common stock and 18,506 Restricted Share Units, with RSUs converting into common stock on a one-for-one basis and vesting 25% per year over four years beginning on the first anniversary of the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 1,024 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 1,024 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 523 | $48.29 | $25K |
| Exercise | Restricted Share Unit | 1,200 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 1,200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 613 | $51.02 | $31K |
Footnotes (4)
- F1. Represents vesting of 1,200 previously reported Restricted Share Units.
- F2. Represents vesting of 1,024 previously reported Restricted Share Units.
- F3. Restricted Share Units convert into common stock on a one-for-one basis.
- F4. 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 insider transactions did Crane NXT (CXT) CFO Christina Cristiano report?
On which dates did the Crane NXT (CXT) CFO’s RSUs vest in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.