Crane NXT director granted deferred stock units
Crane NXT, Co. director David D. Petratis reported compensation-related awards of Deferred Stock Units on May 21, 2026.
Rhea-AI Filing Summary
Crane NXT, Co. director David D. Petratis reported compensation-related awards of Deferred Stock Units on May 21, 2026. He acquired 131 Deferred Stock Units and a separate award of 5,243 Deferred Stock Units, each at a stated price of $0.00 per unit.
According to the disclosure, these Deferred Stock Units convert into Crane NXT common stock on a one-for-one basis upon his separation from service on the Board of Directors. The units are generally forfeited if service ends before the one-year anniversary of the grant, except in the case of death or a change in control of Crane NXT. Following the larger award, his direct holdings of Deferred Stock Units were 15,596 units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 5,243 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 131 | $0.00 | $0.00 |
Footnotes (3)
- F1. Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors.
- F2. Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co.
- F3. Represents Deferred Stock Unit dividends accumulated during the year.
Key Figures
Key Terms
Deferred Stock Units financial
change in control regulatory
Board of Directors financial
FAQ
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What insider transaction did Crane NXT (CXT) report for David D. Petratis?
How many Deferred Stock Units did David D. Petratis acquire in this CXT Form 4?
When do the Crane NXT Deferred Stock Units reported for CXT convert into common stock?
What conditions could cause forfeiture of the CXT Deferred Stock Units granted to David D. Petratis?
What does the Form 4 say about Deferred Stock Unit dividends for Crane NXT (CXT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.