Igoe Paul Gerard 4

What Happened
Paul Gerard Igoe, SVP, General Counsel & Secretary of Crane NXT (CXT), had restricted share units (RSUs) vest and convert into common stock. On Feb 26, 2026, 873 RSUs vested and converted to 873 shares; on Feb 28, 2026, 862 RSUs vested and converted to 862 shares — a total of 1,735 shares acquired at $0 (these were RSU conversions). To cover tax withholding, 265 shares were surrendered on Feb 26 (with an implied value of $51.02/share, $13,520) and 262 shares on Feb 28 (at $48.29/share, $12,652), totaling 527 shares withheld (~$26,172). Net new shares received by Igoe = 1,735 − 527 = 1,208 shares.

Key Details

• Transaction dates: Feb 26, 2026 (873 RSUs vest → 873 shares; 265 shares withheld for taxes) and Feb 28, 2026 (862 RSUs vest → 862 shares; 262 shares withheld).
• Withholding amounts: 265 shares × $51.02 = $13,520; 262 shares × $48.29 = $12,652; total ≈ $26,172.
• Codes: M = exercise/conversion of derivative (RSU → common stock); F = payment of tax liability via share withholding.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1/F2 confirm vesting of the 873 and 862 RSUs; F3 confirms a 1:1 RSU → common stock conversion; F4 notes RSUs vest 25% per year over four years from the grant date.
• Filing: Form 4 filed Mar 2, 2026; no late-filing flag indicated in the information provided.

Context

• These transactions are routine RSU vesting and share withholding to satisfy tax obligations (a form of cashless settlement), not an open-market purchase or discretionary sale. Such compensation-related conversions are common and don’t necessarily signal a change in insider sentiment toward the stock.