Crane NXT (NYSE: CXT) VP vests 355 RSUs; 182 shares used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane NXT, Co. executive Bianca B. Shardelow reported routine equity compensation activity involving restricted share units. On April 20, 2026, 355 previously reported Restricted Share Units converted into an equal number of common shares on a one-for-one basis. To cover tax obligations, 182 common shares were disposed of through a tax-withholding transaction at a reference price of $46.40 per share, which is treated as payment of tax liability rather than an open-market sale. Following these transactions, Shardelow held 4,226 shares of Crane NXT common stock directly. The filing shows a standard vesting pattern, with these RSUs vesting 25% per year over four years beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
355 shares exercised/converted
Mixed
3 txns
Insider
Shardelow Bianca B.
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 355 | $0.00 | -- |
| Exercise | COMMON STOCK | 355 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 182 | $46.40 | $8K |
Holdings After Transaction:
Restricted Share Unit — 2,917 shares (Direct, null);
COMMON STOCK — 4,408 shares (Direct, null)
Footnotes (1)
- Represents vesting of 355 previously reported Restricted Share Units. 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.
Key Figures
RSUs vested: 355 shares
Shares for tax withholding: 182 shares
Post-transaction holdings: 4,226 shares
+2 more
5 metrics
RSUs vested
355 shares
Restricted Share Units converting into common stock on April 20, 2026
Shares for tax withholding
182 shares
Tax-withholding disposition at $46.40 per share
Post-transaction holdings
4,226 shares
Common stock held directly after tax-withholding transaction
Reference share price
$46.40 per share
Value applied in tax-withholding disposition of 182 shares
RSU vesting rate
25% per year
Vesting over four years beginning on first anniversary of grant
Key Terms
Restricted Share Units, tax-withholding disposition, derivative security
3 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to 182 common shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Crane NXT (CXT) report for Bianca B. Shardelow?
Crane NXT reported that Bianca B. Shardelow had 355 Restricted Share Units vest into common stock, and 182 shares were used to satisfy tax obligations. This is a routine equity compensation and tax-withholding event, not an open-market stock purchase or sale.
Were any of Bianca B. Shardelow’s Crane NXT (CXT) transactions open-market sales?
The Form 4 shows no open-market sales. Instead, 182 shares were disposed of in a tax-withholding transaction, which is treated as payment of tax liability. This type of transaction is mechanistic and differs from discretionary buying or selling in the open market.