How do the time-based Restricted Share Units for Crane NXT (CXT) vest?

The CEO received 19,600 time-based Restricted Share Units. These RSUs convert into common stock on a one-for-one basis and vest in four equal annual installments of 25% each, beginning on the first anniversary of the grant date, contingent on continued employment.

Crane NXT (CXT) CEO receives new stock options and RSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Crane NXT, Co. disclosed that CEO and director Aaron W. Saak received new equity awards on February 25, 2026. He was granted 61,667 employee stock options with an exercise schedule of 25% per year over four years beginning on the first anniversary of the grant.

He also received 53,900 2026 Performance-Based Restricted Share Units, each representing a contingent right to between 0 and 2 shares of common stock, vesting on December 31, 2028 if multi-year performance goals are met and employment continues. In addition, he was granted 19,600 time-based Restricted Share Units, which convert one-for-one into common stock and vest 25% per year over four years starting on the first anniversary of the grant.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Saak Aaron W

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	61,667	$0.00	--
Grant/Award	2026 Performance-Based Restricted Share Unit	53,900	$0.00	--
Grant/Award	Restricted Share Unit	19,600	$0.00	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 61,667 shares (Direct); 2026 Performance-Based Restricted Share Unit — 53,900 shares (Direct); Restricted Share Unit — 66,959 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.

Form 4 Insider Transactions: What Each Field Means →

02/27/2026 - 09:42 PM

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^*

Saak Aaron W

(Last)

(First)

(Middle)

950 WINTER STREET

4TH FLOOR NORTH

(Street)

WALTHAM

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$51.02	02/25/2026		A		61,667		⁽¹⁾	02/25/2036	COMMON STOCK	61,667	$0	61,667	D
2026 Performance-Based Restricted Share Unit	⁽²⁾	02/25/2026		A		53,900		⁽³⁾	⁽³⁾	COMMON STOCK	53,900	$0	53,900	D
Restricted Share Unit	⁽⁴⁾	02/25/2026		A		19,600		⁽⁵⁾	⁽⁵⁾	COMMON STOCK	19,600	$0	66,959	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, Attorney-in-Fact	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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Crane NXT (CXT) CEO Aaron Saak receive in this Form 4 filing?

The CEO received new equity compensation grants, not open-market share purchases. He was awarded 61,667 stock options, 53,900 performance-based RSUs, and 19,600 time-based RSUs, all at a grant price of $0.00 per unit, subject to multi-year vesting conditions.

How many stock options were granted to the Crane NXT (CXT) CEO?

Aaron Saak was granted 61,667 employee stock options. These options become exercisable in four equal annual installments of 25% each, starting on the first anniversary of the grant date, creating a four-year vesting period tied to continued service with Crane NXT.

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

The CEO received 53,900 2026 Performance-Based RSUs. Each unit may convert into between 0 and 2 shares of common stock, vesting on December 31, 2028 if Crane NXT meets specified performance criteria for each fiscal year in the three-year period ending that date.

Did the Crane NXT (CXT) CEO buy or sell shares for cash in this Form 4?

No cash share purchases or sales were reported. All three transactions were coded as grants or awards at a price of $0.00 per unit, reflecting equity compensation awards rather than open-market trading by the CEO.

When do the performance-based RSUs at Crane NXT (CXT) vest for the CEO?

The 2026 Performance-Based RSUs vest on December 31, 2028. Vesting depends on Crane NXT’s common stock achieving specified performance criteria for each fiscal year in the three-year period ending that date, along with the CEO’s continued employment, subject to certain exceptions.