Crane NXT, Co.·4

Mar 2, 8:32 PM ET

Keayes Samuel 4

Research Summary

AI-generated summary

Updated

Crane NXT SVP Keayes Samuel Receives RSUs, Sells Shares for Taxes

What Happened

  • Keayes Samuel, SVP, Security & Authentication Technology at Crane NXT (CXT), had restricted share units (RSUs) vest into common stock and a portion was surrendered to cover tax withholding. On Feb 26, 2026, 709 RSUs vested and converted into 709 shares (acquired at $0.00). On Feb 28, 2026, 485 RSUs vested and converted into 485 shares (acquired at $0.00). To satisfy tax obligations, 334 shares were disposed on Feb 26 at $51.02 (value $17,041) and 228 shares were disposed on Feb 28 at $48.29 (value $11,010). In total 1,194 shares vested and 562 shares were withheld/sold for taxes (~$28,051), leaving a net increase of 632 shares retained by the insider.

Key Details

  • Transaction dates and prices:
    • 2026-02-26: 709 RSUs vested -> 709 shares (acquired $0.00); 334 shares withheld/sold at $51.02 ($17,041).
    • 2026-02-28: 485 RSUs vested -> 485 shares (acquired $0.00); 228 shares withheld/sold at $48.29 ($11,010).
  • Net effect: 1,194 shares issued; 562 shares surrendered for taxes; net +632 shares.
  • Footnotes: Vesting entries F1/F2 indicate these were previously reported RSUs; F3 = 1-for-1 conversion to common stock; F4 = RSUs vest 25% per year over four years starting on first anniversary.
  • Filing date: Form filed 2026-03-02. The filing shows the transactions and tax withholding; no separate late-filing flag is provided in the summary here.

Context

  • This is an RSU vesting event with shares withheld/sold to cover taxes (a common, routine transaction), not an open-market sell motivated by opinion on the stock. The $0.00 acquisition price reflects conversion of RSUs into shares (not a cash purchase). The dispositions are marked as tax withholding (code F), not discretionary market sales.