Shardelow Bianca B. 4

What Happened

• Bianca B. Shardelow, VP, Controller & CAO of Crane NXT (CXT), had previously granted Restricted Share Units (RSUs) vest and convert into common stock. On 2026-02-26 and 2026-02-28 a total of 434 RSUs vested (218 and 216), converting one-for-one into 434 shares (reported as derivative conversions, code M). To cover tax liabilities, 112 shares were withheld on 2/26 at $51.02 ($5,714.24) and 111 shares were withheld on 2/28 at $48.29 ($5,360.19), for total tax withholding of $11,074.43. Net shares delivered to Shardelow after withholding: 211 shares.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 218 RSUs vested → 218 shares; 112 shares withheld at $51.02 (≈ $5,714.24).
  • 2026-02-28: 216 RSUs vested → 216 shares; 111 shares withheld at $48.29 (≈ $5,360.19).
• Net shares received: 211 shares (434 vested − 223 withheld).
• Footnotes / mechanics:
  • F1/F2: Vesting of 218 and 216 previously reported RSUs.
  • F3: RSUs convert into common stock on a one-for-one basis.
  • F4: RSUs vest 25% per year over four years beginning on the first anniversary of the grant.
• Filing timeliness: Form 4 filed 2026-03-02; the filing shows the transactions and tax withholding but includes no indication in the supplied data that it was a late filing.

Context

• These transactions are vesting of previously granted RSUs (an award), not an open-market purchase or motivated sale. The withheld-share entries (code F) are routine tax withholding to satisfy tax obligations on vesting (similar to a cashless exercise where shares are surrendered to cover taxes). This kind of transaction reflects compensation vesting rather than a discretionary market trade by the insider.