Cristiano Christina 4
Research Summary
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Crane NXT (CXT) CFO Cristiano Christina Receives Equity Award
What Happened Cristiano Christina, Chief Financial Officer of Crane NXT, received equity awards on February 25, 2026 totaling 33,792 derivative units. The grants break down as 15,417 (options), 12,250 performance-based restricted share units (RSUs), and 6,125 time-based restricted share units — each reported at $0.00 per share (no cash paid). These are compensation awards (derivatives) and do not represent immediately tradable common stock until vested or exercised.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears timely).
- Reported price: $0.00 per share — awards/grants, not open-market purchases/sales.
- Total units awarded: 33,792 (15,417; 12,250; 6,125).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1: Options (15,417) become exercisable 25% per year over four years starting on the first anniversary of grant.
- F2/F3: The 12,250 2026 performance-based RSUs pay out between 0 and 2.00 shares per RSU and vest Dec 31, 2028 only if performance targets are met each fiscal year and the executive remains employed (subject to exceptions).
- F4/F5: The 6,125 restricted share units convert 1:1 to common stock and vest 25% per year over four years beginning on the first anniversary of the grant.
- Transaction code: A = Award/Grant (derivative awards).
Context These awards are typical equity compensation for executives and are conditioned on vesting schedules and performance targets; they do not represent immediate share ownership or a market trade. Options will require exercise to become shares; performance RSUs may pay out between 0–2x the stated units depending on results. Because this filing reports grants rather than purchases or sales, it should be viewed as a compensation event rather than a direct insider market buy or sell.