Crane NXT (CXT) VP receives options and 2026 performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shardelow Bianca B.
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 2,590 | $0.00 | -- |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 2,058 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 1,029 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 2,590 shares (Direct);
2026 Performance-Based Restricted Share Unit — 2,058 shares (Direct);
Restricted Share Unit — 3,706 shares (Direct)
Footnotes (1)
- Options become exercisable 25% per year over four years beginning on the first anniversary of the date of grant. 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. 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. 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.
FAQ
What insider activity did Crane NXT (CXT) disclose for Bianca B. Shardelow?
Crane NXT disclosed that Bianca B. Shardelow received equity awards, including stock options and restricted share units. These grants are part of her compensation and vest over several years, aligning her interests with long-term company performance and continued employment conditions.
How many stock options were granted to the Crane NXT (CXT) executive?
Bianca B. Shardelow was granted 2,590 employee stock options. These options vest at 25% per year over four years, beginning on the first anniversary of the grant date, rewarding multi-year service and potentially benefiting her if the share price appreciates.
What are the terms of the 2026 performance-based RSUs at Crane NXT (CXT)?
She received 2,058 2026 performance-based RSUs, each representing a contingent right to between 0 and 2 shares. They vest on December 31, 2028, subject to multi-year performance criteria and her continued employment with Crane NXT, with certain limited exceptions.
Are the Crane NXT (CXT) insider transactions open-market purchases or sales?
The reported transactions are grants or awards, not open-market buys or sells. They consist of stock options and restricted share units awarded at a price of $0.0000 per unit, reflecting compensation rather than trading activity in the public market.