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Crane NXT (CXT) SVP awarded options and 2026 performance RSUs

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

Rhea-AI Filing Summary

Crane NXT, Co. reported that SVP, General Counsel & Secretary Paul Gerard Igoe received new equity awards. On February 25, 2026, he was granted options for 9,867 shares, 7,840 2026 performance-based RSUs, and 3,920 time-based RSUs.

The options and time-based RSUs vest 25% annually over four years starting one year after grant. The 2026 performance-based RSUs may convert into between 0 and 2.00 shares each, vesting on December 31, 2028 if multi-year performance goals and continued employment conditions are met.

Positive

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Negative

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SEC Form 4
FORM 4 UNITED 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*
Igoe Paul Gerard

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

(Street)
WALTHAM MA 02451

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crane NXT, Co. [ CXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, General Counsel & Sec.
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $51.02 02/25/2026 A 9,867 (1) 02/25/2036 COMMON STOCK 9,867 $0 9,867 D
2026 Performance-Based Restricted Share Unit (2) 02/25/2026 A 7,840 (3) (3) COMMON STOCK 7,840 $0 7,840 D
Restricted Share Unit (4) 02/25/2026 A 3,920 (5) (5) COMMON STOCK 3,920 $0 19,481 D
Explanation of Responses:
1. Options become exercisable 25% per year over four years beginning on the first anniversary of the date of grant.
2. 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.
3. 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.
4. Restricted Share Units convert into common stock on a one-for-one basis.
5. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
/s/ Paul G. Igoe 02/27/2026
** Signature of Reporting Person Date
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.

FAQ

What did Crane NXT (CXT) insider Paul Gerard Igoe report on this Form 4?

Paul Gerard Igoe reported receiving equity awards from Crane NXT, Co. The filing shows grants of stock options, 2026 performance-based restricted share units, and time-based restricted share units, all classified as acquisitions rather than open-market purchases or sales.

How many stock options did Paul Gerard Igoe receive from Crane NXT (CXT)?

He received options covering 9,867 shares of Crane NXT common stock. These options vest in equal 25% installments over four years, beginning on the first anniversary of the grant date, aligning his long-term incentives with multi-year company performance.

What are the terms of the 2026 performance-based RSUs granted at Crane NXT (CXT)?

He received 7,840 2026 performance-based RSUs, each potentially converting into between 0 and 2.00 shares. Vesting occurs on December 31, 2028, if stock performance criteria for each fiscal year and continued employment conditions are satisfied.

How do Paul Gerard Igoe’s restricted share units at Crane NXT (CXT) vest?

The time-based restricted share units vest 25% per year over four years, starting one year after grant. Each restricted share unit converts into one share of common stock upon vesting, creating a staggered, long-term compensation structure.

Are the equity awards to Crane NXT (CXT) insider Paul Gerard Igoe open-market purchases?

No, the awards are classified as grants or other acquisitions from the company, not market purchases. The transaction code “A” indicates grant or award, with a reported price of $0.00 per share, reflecting compensatory equity rather than cash transactions.

When do the 2026 performance-based RSUs at Crane NXT (CXT) vest for Paul Gerard Igoe?

They vest on December 31, 2028, if specific performance criteria are achieved for each fiscal year in the three-year period ending that date. Vesting also requires continued employment with Crane NXT, subject to certain stated exceptions.
Crane

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