STOCK TITAN

Crane NXT (CXT) director William Grogan awarded 6,492 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crane NXT, Co. director William K. Grogan reported receiving a grant and related dividends totaling 6,492 Deferred Stock Units as of May 21, 2026. These awards are compensation-type acquisitions, with no open-market buying or selling involved.

The Deferred Stock Units convert into Crane NXT common stock on a one-for-one basis when Grogan separates from service on the Board of Directors. The units are generally forfeited if his board service ends before the one-year anniversary of the grant, unless the termination is due to death or a change in control of Crane NXT.

Positive

  • None.

Negative

  • None.
Insider Grogan William K
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 6,366 $0.00 --
Grant/Award Deferred Stock Units 126 $0.00 --
Holdings After Transaction: Deferred Stock Units — 16,172 shares (Direct, null)
Footnotes (1)
  1. Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors. Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co. Represents Deferred Stock Unit dividends accumulated during the year.
Dividend-related Deferred Stock Units 126 units Dividend equivalents accumulated during the year
Granted Deferred Stock Units 6,366 units Compensation grant on May 21, 2026
Total new Deferred Stock Units 6,492 units Combined grant and dividend-related units
Deferred Stock Units after transactions 16,298 units Holdings following reported awards
Grant price per unit $0.00 Deferred Stock Unit awards on May 21, 2026
Conversion ratio 1-for-1 Each Deferred Stock Unit converts into one common share
Deferred Stock Units financial
"Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control financial
"unless termination results from death or change in control of Crane NXT, Co."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Board of Directors financial
"upon separation from service on the Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Grogan William K

(Last)(First)(Middle)
950 WINTER STREET
4TH FLOOR NORTH

(Street)
WALTHAM MASSACHUSETTS 02451

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Crane NXT, Co. [ CXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)05/21/2026A6,366 (2) (2)COMMON STOCK6,366$016,172D
Deferred Stock Units(1)05/21/2026(3)A126 (2) (2)COMMON STOCK126$016,298D
Explanation of Responses:
1. Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors.
2. Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co.
3. Represents Deferred Stock Unit dividends accumulated during the year.
Remarks:
/s/ Paul G. Igoe, Attorney-in-Fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Crane NXT (CXT) director William K. Grogan report in this Form 4?

William K. Grogan reported receiving 6,492 Deferred Stock Units as compensation on May 21, 2026. These derivative awards increase his deferred equity exposure to Crane NXT without any open-market stock purchases or sales.

How do Crane NXT (CXT) Deferred Stock Units reported by Grogan work?

The Deferred Stock Units convert into Crane NXT common stock on a one-for-one basis when Grogan leaves the Board. They function as deferred equity compensation, giving him future shares instead of current cash, subject to the plan’s vesting and forfeiture conditions.

What are the forfeiture conditions for Grogan’s Crane NXT Deferred Stock Units?

The filing states the Deferred Stock Units are forfeited if Grogan’s board service ends before the one-year anniversary of the grant, unless his termination results from death or a change in control of Crane NXT, in which cases the usual forfeiture provision does not apply.

Did William K. Grogan buy or sell Crane NXT (CXT) shares on the market?

No, the Form 4 shows grant and dividend-related acquisitions of Deferred Stock Units at a price of $0.00 per unit. These are compensation awards, not open-market stock purchases or sales, so they do not reflect discretionary trading activity.

How many Crane NXT Deferred Stock Units does Grogan hold after these transactions?

One transaction line shows Grogan holding 16,298 Deferred Stock Units after the reported awards. These units represent a deferred right to receive an equivalent number of Crane NXT common shares upon his separation from service on the Board.

What portion of Grogan’s Crane NXT Deferred Stock Units came from dividends?

A footnote explains that 126 Deferred Stock Units represent dividends accumulated during the year. Those units are in addition to the larger grant, reflecting the reinvestment of dividend equivalents into additional Deferred Stock Units tied to Crane NXT common stock.