Crane NXT, Co.·4

Feb 9, 5:26 PM ET

Keayes Samuel 4

4 · Crane NXT, Co. · Filed Feb 9, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-05
Keayes Samuel
SVP, Security & Auth. Tech.
Transactions
  • Exercise/Conversion

    COMMON STOCK

    [F1]
    2026-02-05+4,17223,668 total
  • Tax Payment

    COMMON STOCK

    2026-02-05$52.51/sh1,961$102,97221,707 total
  • Exercise/Conversion

    COMMON STOCK

    [F2]
    2026-02-06+62622,333 total
  • Tax Payment

    COMMON STOCK

    2026-02-06$52.95/sh295$15,62022,038 total
  • Exercise/Conversion

    COMMON STOCK

    [F3]
    2026-02-07+65622,694 total
  • Tax Payment

    COMMON STOCK

    2026-02-07$56.05/sh309$17,31922,385 total
  • Exercise/Conversion

    2023 Performance-Based Restricted Share Unit

    [F1]
    2026-02-055,0090 total
    COMMON STOCK (5,009 underlying)
  • Exercise/Conversion

    Restricted Share Unit

    [F4][F5]
    2026-02-066268,014 total
    COMMON STOCK (626 underlying)
  • Exercise/Conversion

    Restricted Share Unit

    [F4][F5]
    2026-02-076567,358 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

Documents

1 file
  • 4
    dp241306_4-keayes.xmlPrimary

    FORM 4