CROWN HOLDINGS, INC.·4

Mar 2, 9:09 AM ET

CLOTHIER KEVIN CHARLES 4

Research Summary

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Crown Holdings (CCK) CFO Kevin Clothier Receives Award; Sells Shares

What Happened
Kevin Clothier, Senior Vice President & Chief Financial Officer of Crown Holdings (CCK), had 1,046 performance-based restricted shares issued upon vesting on February 26, 2026 (acquired at $0.00). Simultaneously, 2,469 shares were transferred (disposed) to the company to satisfy tax withholding obligations at a reported price of $115.36 per share, totaling about $284,824.

Key Details

  • Transaction date: February 26, 2026 (reported on Form 4 filed March 2, 2026).
  • Award: 1,046 performance-based restricted shares issued (acquisition price $0.00).
  • Tax withholding: 2,469 shares transferred to the company at $115.36 each; proceeds/value ≈ $284,824.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes:
    • F1 — These 1,046 shares are additional performance-based shares from a grant originally reported on Jan 6, 2023; payout was 120% of target (original target base 5,228).
    • F2 — The 2,469-share disposition represents shares surrendered to the company to satisfy tax withholding on vesting.
  • Filing timeliness: Filed March 2, 2026; this appears to be within the required two-business-day Form 4 reporting window for the Feb 26 transaction.

Context
This was primarily a vesting of performance-based restricted stock (an award), not an open-market purchase or voluntary sale; the share transfer was a routine, non-discretionary tax-withholding action. Awards and tax withholdings are common executive compensation mechanics and do not by themselves indicate buying or selling sentiment.