Crane NXT, Co.·4

May 26, 4:08 PM ET

PETRATIS DAVID D 4

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

Research Summary

AI-generated summary of this filing

Updated

Crane NXT (CXT) Director David Petratis Receives Stock Award

What Happened

  • David D. Petratis, a director of Crane NXT, was awarded deferred stock units (derivative awards) on May 21, 2026. He received 5,243 DSUs and an additional 131 DSUs (total 5,374 DSUs) at $0.00 per unit. These are awards (code A) rather than open-market purchases or sales and carry no immediate cash cost.

Key Details

  • Transaction date: 2026-05-21; Form 4 filed 2026-05-26.
  • Award details: 5,243 DSUs + 131 DSUs; price reported $0.00 per unit.
  • Total units awarded: 5,374 Deferred Stock Units.
  • Shares owned after transaction: not disclosed in this filing.
  • Footnotes:
    • F1: DSUs convert one-for-one into Crane NXT common stock upon separation from board service.
    • F2: DSUs are forfeited if service ends before the one-year anniversary of the grant, unless due to death or a change in control.
    • F3: The 131-unit tranche represents Deferred Stock Unit dividends accumulated during the year.
  • Filing timing: the Form 4 was filed five days after the grant date; Form 4s are generally required within two business days of a transaction.

Context

  • These are deferred/derivative awards, meaning they are a promise to issue shares later (upon separation) rather than immediate share ownership or a market purchase. Such awards are common for non-employee directors as part of compensation and don’t necessarily signal near-term buying or selling activity.

Insider Transaction Report

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

    Deferred Stock Units

    [F1][F2]
    2026-05-21+5,24315,465 total
    COMMON STOCK (5,243 underlying)
  • Award

    Deferred Stock Units

    [F1][F3][F2]
    2026-05-21+13115,596 total
    COMMON STOCK (131 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_1779826096.xmlPrimary

    FORM 4