Crane NXT grants equity awards to Bianca Shardelow
Crane NXT, Co. reported that VP, Controller & CAO Bianca B. Shardelow received new equity awards.
Rhea-AI Filing Summary
Crane NXT, Co. reported that VP, Controller & CAO Bianca B. Shardelow received new equity awards. She was granted 2,590 employee stock options, which become exercisable 25% per year over four years starting on the first anniversary of the grant date.
She also received 2,058 2026 performance-based restricted share units, each potentially settling into between 0 and 2 shares of common stock, vesting on December 31, 2028 if multi-year performance goals are met and her employment continues. In addition, she was granted 1,029 restricted share units that convert one-for-one into common stock and vest 25% annually over four years from the first anniversary of the grant date.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 2,590 | $0.00 | $0.00 |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 2,058 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 1,029 | $0.00 | $0.00 |
Footnotes (5)
- F1. Options become exercisable 25% per year over four years beginning on the first anniversary of the date of grant.
- F2. Each 2026 Performance-Based Restricted Share Unit (RSU) represents a contingent right to receive a number of shares of issuer common stock between 0 and 2.00.
- F3. 2026 Performance-Based RSUs vest on December 31, 2028, if issuer's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with issuer, subject to certain exceptions.
- F4. Restricted Share Units convert into common stock on a one-for-one basis.
- F5. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
FAQ
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What insider activity did Crane NXT (CXT) disclose for Bianca B. Shardelow?
How many stock options were granted to the Crane NXT (CXT) executive?
What are the terms of the 2026 performance-based RSUs at Crane NXT (CXT)?
Are the Crane NXT (CXT) insider transactions open-market purchases or sales?
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