Crane NXT, Co.·4

May 26, 4:03 PM ET

DINKINS MICHAEL 4

4 · Crane NXT, Co. · Filed May 26, 2026

Research Summary

AI-generated summary of this filing

Updated

Crane NXT (CXT) Director Michael Dinkins Receives Award

What Happened

  • Michael Dinkins, a director of Crane NXT, received two awards on 2026-05-21 totaling 4,312 deferred stock units (4,119 units and 193 units). Both awards were reported as grants (Form 4 transaction code A) at $0.00 per unit, i.e., no cash was paid. The filing treats these as derivative awards rather than open-market purchases or sales.

Key Details

  • Transaction date: 2026-05-21; Filed with SEC: 2026-05-26 (Form 4 accession 0001123483-26-000003).
  • Award amounts and price: 4,119 units @ $0.00 and 193 units @ $0.00 (total 4,312 units; total reported value $0).
  • Shares owned after transaction: Not reported in this filing.
  • Footnotes from the filing:
    • F1: Deferred Stock Units convert one-for-one into Crane NXT common stock upon separation from Board service.
    • F2: Units are forfeited if service ends before the one-year anniversary of the grant, unless termination is due to death or a change in control.
    • F3: The 193 units represent Deferred Stock Unit dividends accumulated during the year.
  • Timeliness: The Form 4 was filed five days after the reported transaction date. Insiders are generally required to file within two business days, so this appears to be filed late by one business day.

Context

  • These were awards of deferred stock units (not market purchases or sales). DSUs typically vest or convert to shares on separation from service per the noted terms, and may be forfeited under the one-year rule described in the footnotes. Awards and dividend-accumulation units like these are common for director compensation and do not by themselves indicate a buy/sell signal.

Insider Transaction Report

Form 4
Period: 2026-05-21
Transactions
  • Award

    Deferred Stock Units

    [F1][F2]
    2026-05-21+4,11919,661 total
    COMMON STOCK (4,119 underlying)
  • Award

    Deferred Stock Units

    [F1][F3][F2]
    2026-05-21+19319,854 total
    COMMON STOCK (193 underlying)
Footnotes (3)
  • [F1]Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors.
  • [F2]Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co.
  • [F3]Represents Deferred Stock Unit dividends accumulated during the year.
Signature
/s/ Paul G. Igoe, Attorney-in-Fact|2026-05-26

Documents

1 file
  • 4
    wk-form4_1779825790.xmlPrimary

    FORM 4