Crane NXT SVP granted options and RSUs
Crane NXT, Co. reported that SVP, General Counsel & Secretary Paul Gerard Igoe received new equity awards.
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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 9,867 | $0.00 | $0.00 |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 7,840 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 3,920 | $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 did Crane NXT (CXT) insider Paul Gerard Igoe report on this Form 4?
How many stock options did Paul Gerard Igoe receive from Crane NXT (CXT)?
What are the terms of the 2026 performance-based RSUs granted at Crane NXT (CXT)?
Are the equity awards to Crane NXT (CXT) insider Paul Gerard Igoe open-market purchases?
When do the 2026 performance-based RSUs at Crane NXT (CXT) vest for Paul Gerard Igoe?
AI-generated analysis. How Rhea-AI works. Not financial advice.