Crane NXT CEO granted options and RSUs
Crane NXT, Co. disclosed that CEO and director Aaron W. Saak received new equity awards on February 25, 2026.
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.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 61,667 | $0.00 | $0.00 |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 53,900 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 19,600 | $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) CEO Aaron Saak receive in this Form 4 filing?
How many stock options were granted to the Crane NXT (CXT) CEO?
What are the terms of the 2026 Performance-Based RSUs granted at Crane NXT (CXT)?
When do the performance-based RSUs at Crane NXT (CXT) vest for the CEO?
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