Saak Aaron W 4

What Happened
Saak Aaron W, CEO and director of Crane NXT, had Restricted Share Units (RSUs) vest into common stock and a portion of those shares were withheld to satisfy tax obligations. On Feb 26, 2026 he converted 4,059 RSUs to 4,059 shares (reported as acquired at $0.00) and 1,963 of those shares were withheld/disposed at $51.02 each to cover taxes ($100,152). On Feb 28, 2026 he converted 3,879 RSUs to 3,879 shares and 1,876 of those were withheld/disposed at $48.29 each to cover taxes ($90,592). Total vested shares = 7,938; total withheld/disposed = 3,839 shares for tax withholding, total withholding proceeds ≈ $190,744. These were vesting/tax-withholding actions (routine) rather than open-market sales.

Key Details

• Transaction dates: Feb 26, 2026 and Feb 28, 2026. Form 4 filed March 2, 2026 (covers the above dates).
• Vesting/conversion: 4,059 RSUs converted on Feb 26; 3,879 RSUs converted on Feb 28 (acquired at $0.00).
• Tax withholding (disposals): 1,963 shares withheld at $51.02 each ($100,152); 1,876 shares withheld at $48.29 each ($90,592). Total withheld ≈ $190,744.
• Shares owned after the transactions: not provided in the excerpt.
• Footnotes: F1–F2 note these were vestings of previously reported RSUs; F3 confirms RSUs convert one-for-one to common stock; F4 notes RSUs vest 25% per year over four years from the first anniversary of grant. Transaction codes: M = conversion/exercise of derivative (RSU conversion), F = payment of tax liability (share withholding).

Context

• This was a routine RSU vesting with shares withheld to satisfy tax obligations (common practice); it is not an open-market sale signaling a discretionary insider sell.
• The filings show conversion of RSUs to shares (derivative conversion) and immediate withholding of a portion of those shares for taxes (cashless-like withholding), rather than voluntary sale for cash.
• No indication in the provided data that the filing was late.