Crane NXT SVP reports RSU vesting, tax share offsets
Crane NXT, Co. executive Samuel Keayes reported restricted stock vesting and related tax share withholdings.
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Rhea-AI Filing Summary
Crane NXT, Co. executive Samuel Keayes reported restricted stock vesting and related tax share withholdings. On February 26, 709 Restricted Share Units vested and converted into 709 shares of common stock, and 334 common shares were disposed at $51.02 per share to cover tax obligations.
On February 28, 485 Restricted Share Units vested and converted into 485 common shares, and 228 common shares were disposed at $48.29 per share for tax withholding. After these transactions, Keayes directly owned 23,017 common shares and 9,834 Restricted Share Units. The Restricted Share Units convert into common stock on a one-for-one basis and vest 25% per year over four years beginning on the first anniversary of the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 485 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 485 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 228 | $48.29 | $11K |
| Exercise | Restricted Share Unit | 709 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 709 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 334 | $51.02 | $17K |
Footnotes (4)
- F1. Represents vesting of 709 previously reported Restricted Share Units.
- F2. Represents vesting of 485 previously reported Restricted Share Units.
- F3. Restricted Share Units convert into common stock on a one-for-one basis.
- F4. 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 insider transactions did Crane NXT (CXT) executive Samuel Keayes report?
What is Samuel Keayes’s Crane NXT (CXT) ownership after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.