Crane NXT (CXT) SVP Samuel Keayes logs RSU vesting and tax share dispositions
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,194 shares exercised/converted
Mixed
6 txns
Insider
Keayes Samuel
Role
SVP, Security & Auth. Tech.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 485 | $0.00 | -- |
| Exercise | COMMON STOCK | 485 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 228 | $48.29 | $11K |
| Exercise | Restricted Share Unit | 709 | $0.00 | -- |
| Exercise | COMMON STOCK | 709 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 334 | $51.02 | $17K |
Holdings After Transaction:
Restricted Share Unit — 9,349 shares (Direct);
COMMON STOCK — 23,245 shares (Direct)
Footnotes (1)
- Represents vesting of 709 previously reported Restricted Share Units. Represents vesting of 485 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.
FAQ
What insider transactions did Crane NXT (CXT) executive Samuel Keayes report?
Samuel Keayes reported vesting of Restricted Share Units and related tax share withholdings. On two dates, RSUs converted one-for-one into common stock, and a portion of common shares was disposed to satisfy tax obligations associated with those vesting events.
What is Samuel Keayes’s Crane NXT (CXT) ownership after these transactions?
After the reported transactions, Samuel Keayes directly owned 23,017 shares of Crane NXT common stock and 9,834 Restricted Share Units. These figures reflect his updated direct holdings following the vesting events and associated tax-withholding share dispositions.