Crane NXT SVP granted options and RSUs
Crane NXT, Co. senior vice president Samuel Keayes reported equity compensation awards in the form of options and restricted share units.
Rhea-AI Filing Summary
Crane NXT, Co. senior vice president Samuel Keayes reported equity compensation awards in the form of options and restricted share units. He received 8,017 employee stock options, which become exercisable 25% per year over four years starting on the first anniversary of the grant date.
He was also granted 6,370 2026 performance-based RSUs, each representing a contingent right to receive between 0 and 2.00 shares of common stock, vesting on December 31, 2028 if multi-year performance criteria are met and employment continues. In addition, he received 3,185 time-based RSUs, which convert one-for-one into common stock and vest 25% per year over four years from the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 8,017 | $0.00 | $0.00 |
| Grant/Award | 2026 Performance-Based Restricted Share Unit | 6,370 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 3,185 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Crane NXT (CXT) grant to SVP Samuel Keayes?
How do the new stock options for Crane NXT (CXT) SVP vest?
What are the terms of the 2026 performance-based RSUs at Crane NXT (CXT)?
Does the Crane NXT (CXT) SVP pay for these option and RSU grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.