Keayes Samuel 4
Research Summary
AI-generated summary
Crane NXT (CXT) SVP Keayes Samuel Receives 17,572 Share Awards
What Happened
Keayes Samuel, Senior Vice President, Security & Authentication Technology at Crane NXT (CXT), was granted a total of 17,572 derivative equity awards on February 25, 2026. The filing shows three awards: 8,017; 6,370; and 3,185 units, each reported at $0.00 (no cash paid). These are derivative awards (a mix of option grants and restricted share units/performance RSUs as noted in the filing), not open-market purchases or sales.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (within the typical 2-business-day reporting window).
- Awarded amounts: 8,017 / 6,370 / 3,185 = 17,572 total derivative securities; reported acquisition price $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Options (where applicable) vest/exercise schedule — 25% per year over four years starting on the first anniversary of grant.
- F2: 2026 Performance-Based RSUs pay out between 0 and 2.00 shares per RSU depending on performance.
- F3: Performance RSUs vest on Dec 31, 2028 if multi-year performance targets are met and subject to continued employment.
- F4: Restricted Share Units convert to common stock on a one-for-one basis.
- F5: Time-based RSUs (where applicable) vest 25% per year over four years beginning on the first anniversary of grant.
Context
These entries are awards/grants (transaction code A) — common in executive compensation — and do not represent an open-market buy or sale. Options and RSUs are derivative grants that vest over time or upon achieving performance goals; until vesting/conversion they are not tradable common shares. The filing does not indicate immediate sales or tax-withholding share forfeitures.