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

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

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.
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*
Keayes Samuel

(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, Security & Auth. Tech.
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 8,017 (1) 02/25/2036 COMMON STOCK 8,017 $0 8,017 D
2026 Performance-Based Restricted Share Unit (2) 02/25/2026 A 6,370 (3) (3) COMMON STOCK 6,370 $0 6,370 D
Restricted Share Unit (4) 02/25/2026 A 3,185 (5) (5) COMMON STOCK 3,185 $0 10,543 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.

FAQ

What equity awards did Crane NXT (CXT) grant to SVP Samuel Keayes?

Crane NXT granted Samuel Keayes 8,017 employee stock options, 6,370 2026 performance-based restricted share units, and 3,185 time-based restricted share units. These awards provide potential future common stock, subject to vesting schedules and, for performance units, achievement of specified performance criteria.

How do the new stock options for Crane NXT (CXT) SVP vest?

The 8,017 employee stock options vest in equal installments of 25% per year over four years, beginning on the first anniversary of the grant date. This structure is designed to align ongoing value with continued service over a multi-year period.

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

Each of the 6,370 2026 performance-based RSUs can convert into between 0 and 2.00 shares of Crane NXT common stock. They vest on December 31, 2028 if performance criteria for each fiscal year in the three-year period are achieved and employment continues.

When do the time-based restricted share units at Crane NXT (CXT) vest?

The 3,185 restricted share units vest 25% per year over four years, starting on the first anniversary of the grant date. Each unit converts into one share of Crane NXT common stock upon vesting, providing a staggered delivery of shares over time.

Does the Crane NXT (CXT) SVP pay for these option and RSU grants?

The Form 4 reports a grant or award acquisition with a transaction price of $0.0000 per unit, indicating these are compensation awards rather than open-market purchases. Any future value depends on vesting, performance conditions, and the company’s stock price.
Crane

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United States
WALTHAM