HAIME ELLEN MCCLAIN 4

What Happened

• Haime Ellen McClain, a director of Crane NXT, Co. (CXT), was granted two awards of deferred stock units on May 21, 2026: 4,569 DSUs and 343 DSUs. Each grant was recorded at $0.00 (derivative award), totaling 4,912 DSUs. These were reported on a Form 4 filed May 26, 2026. This is an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date(s): May 21, 2026; Filing date: May 26, 2026 (filed after the transaction date).
• Price: $0.00 per unit (award/derivative).
• Total units granted: 4,569 + 343 = 4,912 Deferred Stock Units.
• Shares owned after transaction: Not specified in the provided filing.
• Relevant footnotes from the filing:
  • F1: DSUs convert into Crane NXT common stock on a one-for-one basis upon separation from service on the Board.
  • F2: DSUs 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: One grant represents Deferred Stock Unit dividends accumulated during the year.
• Timeliness: The Form 4 was filed five days after the grant (three business days after the transaction), which is later than the typical two-business-day SEC reporting requirement for directors.

Context

• These awards are compensation-related deferred stock units (derivatives) that do not represent an immediate purchase or sale of shares; they convert to actual shares only upon McClain’s separation from the board (subject to forfeiture rules). Such grants are common for board compensation and should be interpreted as routine equity compensation rather than a direct bullish or bearish market signal.