Keayes Samuel 4
4 · Crane NXT, Co. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Crane NXT (CXT) SVP Keayes Samuel Exercises RSUs; Shares Withheld
What Happened
- Keayes Samuel, SVP, Security & Authentication Technology at Crane NXT (CXT), had performance-based and time‑based restricted stock units (RSUs) convert/vest on Feb 5–7, 2026. He received a total of 5,454 shares from those conversions/vestings and had 2,565 shares withheld to cover tax liabilities, representing $135,911 in tax withholding.
- The withholding/share disposition entries show per-share withholding prices of $52.51 (1,961 shares, $102,972) on Feb 5, $52.95 (295 shares, $15,620) on Feb 6, and $56.05 (309 shares, $17,319) on Feb 7. The conversions/vests were reported as derivative exercises (code M) and tax withholdings (code F).
Key Details
- Transaction dates & items:
- Feb 5, 2026: 4,172 shares acquired (conversion), 1,961 shares withheld at $52.51 (tax) = $102,972.
- Feb 6, 2026: 626 shares acquired (vesting), 295 shares withheld at $52.95 = $15,620.
- Feb 7, 2026: 656 shares acquired (vesting), 309 shares withheld at $56.05 = $17,319.
- Total shares converted/vested (gross): 5,454. Total shares withheld (taxes): 2,565. Net new shares received: 2,889.
- Footnotes from the filing:
- F1: 2023 Performance-Based RSUs converted at 0.833 shares per RSU based on three‑year performance through 12/31/2025.
- F2/F3: Represent vesting of previously reported Restricted Share Units.
- F4: RSUs convert to common stock on a one‑for‑one basis (time‑based RSUs); F5: time‑based RSUs vest 25% per year over four years.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Timeliness: Filing date Feb 9, 2026; filing is timely relative to the reported Feb 5–7 transactions.
Context
- This was not an open‑market sale or purchase; these entries reflect RSU conversions/vestings and routine tax withholding (a common, administrative action when awards settle). The derivative "exercise/conversion" entries show settlement of equity awards rather than option purchases with cash outlay. No inference about insider sentiment should be drawn from tax-withholding disposals.
Insider Transaction Report
Form 4
Keayes Samuel
SVP, Security & Auth. Tech.
Transactions
- Exercise/Conversion
COMMON STOCK
[F1]2026-02-05+4,172→ 23,668 total - Tax Payment
COMMON STOCK
2026-02-05$52.51/sh−1,961$102,972→ 21,707 total - Exercise/Conversion
COMMON STOCK
[F2]2026-02-06+626→ 22,333 total - Tax Payment
COMMON STOCK
2026-02-06$52.95/sh−295$15,620→ 22,038 total - Exercise/Conversion
COMMON STOCK
[F3]2026-02-07+656→ 22,694 total - Tax Payment
COMMON STOCK
2026-02-07$56.05/sh−309$17,319→ 22,385 total - Exercise/Conversion
2023 Performance-Based Restricted Share Unit
[F1]2026-02-05−5,009→ 0 total→ COMMON STOCK (5,009 underlying) - Exercise/Conversion
Restricted Share Unit
[F4][F5]2026-02-06−626→ 8,014 total→ COMMON STOCK (626 underlying) - Exercise/Conversion
Restricted Share Unit
[F4][F5]2026-02-07−656→ 7,358 total→ COMMON STOCK (656 underlying)
Footnotes (5)
- [F1]Each 2023 Performance-Based RSU represented a contingent right to receive a number of shares of issuer common stock between 0 and 2.0. On February 5, 2026, each Performance-Based RSU was converted to 0.833 shares of common stock based on actual performance of the issuer's common stock during the three-year performance period ended December 31, 2025.
- [F2]Represents vesting of 626 previously reported Restricted Share Units.
- [F3]Represents vesting of 656 previously reported Restricted Share Units.
- [F4]Restricted Share Units convert into common stock on a one-for-one basis.
- [F5]Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
Signature
/s/ Paul G. Igoe, Attorney-in-Fact|2026-02-09