Igoe Paul Gerard 4

What Happened

• Paul Gerard Igoe, Senior Vice President, General Counsel & Secretary of Crane NXT (CXT), was granted a total of 21,627 derivative awards on 2026-02-25 in three awards: 9,867 units, 7,840 units, and 3,920 units. Each award was granted at $0.00 (no immediate cash paid). These are awards (not open-market purchases or sales) and will only convert to or result in shares of common stock subject to vesting or performance conditions.

Key Details

• Transaction date: 2026-02-25; filing date: 2026-02-27 (filed timely).
• Grants reported: 9,867 units @ $0.00; 7,840 units @ $0.00; 3,920 units @ $0.00 — total 21,627 units; reported dollar value at grant: $0.
• Based on filing footnotes:
  • One award is subject to option-style vesting: exercisable 25% per year over four years beginning on the first anniversary of the grant (F1).
  • One award is a 2026 performance-based RSU that may pay out between 0 and 2.00 shares per unit depending on performance through 12/31/2028 and continued employment (F2, F3).
  • One award is time-based restricted share units that convert one-for-one into common shares and vest 25% per year over four years (F4, F5).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding sale, or late filing notation was indicated in the provided information.

Context

• These are grant awards (derivative instruments): the performance RSUs may pay out nothing up to double the units depending on achievement of multi-year targets; time-based RSUs and options require continued service and vesting before resulting in shares. Such awards do not represent immediate sale or purchase in the open market and do not provide immediate liquidity until vesting/exercise conditions are met.