Dickstein Adam J. 4
4 · CROWN HOLDINGS, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Crown Holdings (CCK) SVP Adam Dickstein Receives Award, Sells Shares
What Happened
Adam J. Dickstein, SVP, General Counsel & Secretary of Crown Holdings (CCK), had 952 performance-based restricted shares vest on Feb 26, 2026 (recorded as an acquisition at $0). In connection with that vesting, 2,485 shares were transferred to the company to satisfy tax withholding obligations; those shares are reported as a disposition at $115.36 per share, totaling $286,670. The vested performance shares were part of an award originally granted Jan 6, 2023 tied to ROIC performance.
Key Details
- Transaction date: February 26, 2026. Filing date: March 2, 2026. (No late-filing indication in the Form 4.)
- Award/acquisition: 952 performance-based restricted shares vested (reported at $0 acquisition price). Footnote: original grant (1/6/2023) paid out at 120% of target, producing 952 additional shares.
- Disposition: 2,485 shares transferred to the issuer for tax withholding at $115.36 per share; proceeds reported $286,670. (Transaction code F = tax withholding.)
- Shares owned after transaction: not specified in this Form 4; see the full filing for total holdings.
- Not a market sale: the disposition was a transfer to the company for tax withholding, a routine action when restricted shares vest.
Context
Vesting of performance-based restricted stock and corresponding share-withholdings for taxes are common executive compensation mechanics and do not necessarily signal a deliberate open-market sale. The acquisition here reflects compensation vesting based on company ROIC performance rather than a purchase.
Insider Transaction Report
- Award
Common
[F1]2026-02-26+952→ 69,205 total - Disposition to Issuer
Common
[F2]2026-02-26$115.36/sh−2,485$286,670→ 66,720 total
Footnotes (2)
- [F1]Represents additional performance-based shares of Restricted Common Stock that vested on February 26, 2026 whose grant was originally reported on a Form 4 filed with the Securities and Exchange Commission on January 6, 2023 (the "Original Form 4"). As reported on the Original Form 4, such performance-based shares were originally granted to the Reporting Person based on the Company's Return on Invested Capital achieved by the Company compared to the ROIC target with the final number of performance-based shares varying from 0 to 200% of 4,760. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded a 120% payout. As a result, 952 additional performance-based restricted shares were issued.
- [F2]Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.