Cristiano Christina 4

What Happened
Cristiano Christina, Chief Financial Officer of Crane NXT (CXT), had restricted share units (RSUs) convert into common stock on Feb 5–7, 2026. The filing shows Christina acquired 870 shares on Feb 5, 130 shares on Feb 6, and 139 shares on Feb 7 (total acquired = 1,139 shares; acquisition price reported $0). To satisfy tax withholding obligations, Christina surrendered (disposed) 445 shares on Feb 5 for $23,367, 67 shares on Feb 6 for $3,548, and 71 shares on Feb 7 for $3,980 (total withheld = 583 shares for $30,895). The transactions are reported under codes M (exercise/conversion of derivative) and F (payment of exercise price or tax liability).

Key Details

• Transaction dates and reported amounts:
  • Feb 5, 2026: M — acquired 870 shares @ $0.00; F — 445 shares withheld @ $52.51 for $23,367.
  • Feb 6, 2026: M — acquired 130 shares @ $0.00; F — 67 shares withheld @ $52.95 for $3,548.
  • Feb 7, 2026: M — acquired 139 shares @ $0.00; F — 71 shares withheld @ $56.05 for $3,980.
• Totals from the reported entries: 1,139 shares acquired; 583 shares withheld for taxes; cash value withheld = $30,895.
• Filing also lists derivative “disposed” entries (M) of 1,044 shares (2/5), 130 shares (2/6), and 139 shares (2/7) at $0 — these reflect the RSU/derivative conversion mechanics shown in the filing.
• Shares owned after the transactions: not specified in the provided excerpt.
• Filing timeliness: marked late (transactionTimeliness = 'L') per the filing metadata.

Context

• These transactions reflect RSU vesting/conversion and withholding to cover taxes, not open-market selling for investment purposes. Code M indicates conversion/exercise of a derivative (RSU/performance award); code F indicates shares were surrendered to satisfy tax withholding.
• Footnotes from the filing:
  • F1: 2023 performance-based RSUs converted on Feb 5, 2026 to 0.833 shares of common stock per RSU based on actual performance over the three-year period ended Dec 31, 2025.
  • F2–F3: Vesting of previously reported restricted share units (130 and 139 RSUs).
  • F4: Restricted share units convert one-for-one into common stock (where applicable).
  • F5: RSUs vest 25% per year over four years beginning on the first anniversary of the grant.
• Bottom line: This appears to be routine compensation-related vesting and tax withholding by the CFO rather than a discretionary open-market sale or purchase.