Cristiano Christina 4

What Happened

• Cristiano Christina, Chief Financial Officer of Crane NXT (CXT), had two restricted share unit (RSU) vestings that converted into 2,224 common shares (1,200 on 2026-02-26 and 1,024 on 2026-02-28). The RSUs convert one-for-one into common stock (acquisition price reported as $0).
• To cover tax withholding, the company withheld and disposed of 613 shares at $51.02 (value $31,275) and 523 shares at $48.29 (value $25,256), for a total tax withholding value of $56,531. After withholding, Christina netted 1,088 additional shares (2,224 vested − 1,136 withheld).

Key Details

• Transaction dates and prices:
  • 2026-02-26: 1,200 RSUs vested and converted to 1,200 shares (acquired at $0); 613 shares withheld at $51.02 ($31,275).
  • 2026-02-28: 1,024 RSUs vested and converted to 1,024 shares (acquired at $0); 523 shares withheld at $48.29 ($25,256).
• Net new shares held by insider: +1,088 shares (2,224 vested − 1,136 withheld).
• Shares owned following the transactions: not specified in the filing.
• Footnotes of note:
  • RSUs convert into common stock one-for-one.
  • These RSUs vest 25% per year over four years beginning on the first anniversary of the grant.
  • “F” code entries reflect share disposal to satisfy tax withholding obligations (not an open-market sale).
• Filing: Report filed 2026-03-02 (no late-filing flag indicated in the provided information).

Context

• This was an RSU vesting event with share withholding to cover taxes (a routine, non-market sale). The acquisition entries show $0 cost because RSUs typically convert into shares without a cash exercise price; the reported dispositions are for tax withholding only.
• Such vestings and withholding don’t necessarily signal insider trading intent; they are common compensation events.