DONAHUE TIMOTHY J 4
4 · CROWN HOLDINGS, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Crown Holdings (CCK) CEO Timothy Donahue Receives Award, Withholds Shares
What Happened
Timothy J. Donahue, President & CEO and director of Crown Holdings, received 6,367 additional performance-based restricted shares that vested on Feb 26, 2026 (grant reported originally 1/6/2023). To cover tax withholding related to the vesting, 15,033 shares were transferred back to the company at a reported per-share value of $115.36, representing $1,734,207 in tax liability satisfaction. The 6,367 shares were issued at $0 (award).
Key Details
- Transaction dates: Feb 26, 2026 (reported on Form 4 filed Mar 2, 2026) — appears filed within normal reporting window.
- Grant (code A): 6,367 shares @ $0.00 (acquired via vesting of performance-based restricted stock).
- Tax withholding (code F): 15,033 shares disposed/transferred @ $115.36 = $1,734,207 (to satisfy tax withholding).
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnotes: F1 — these 6,367 shares are additional performance-based restricted shares tied to a ROIC-based payout; the company achieved a 120% payout relative to target. F2 — the 15,033-share disposition represents shares transferred to the company for tax withholding (not an open-market sale).
Context
- This was not an open-market sale — the 15,033-share disposition was a tax-withholding transfer tied to vesting (routine administrative transaction), not a signal of a directional trade.
- The award stems from a prior performance grant (originally reported Jan 6, 2023); the 120% ROIC payout increased the number of vested shares.
- No 10b5-1 plan, gift, or option-exercise sale is indicated in the provided filing.
Insider Transaction Report
Form 4
DONAHUE TIMOTHY J
DirectorPresident & CEO
Transactions
- Award
Common
[F1]2026-02-26+6,367→ 481,103 total - Tax Payment
Common
[F2]2026-02-26$115.36/sh−15,033$1,734,207→ 466,070 total
Holdings
- 778(indirect: By 401(k))
Common
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 31,835. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded a 120% payout. As a result, 6,367 additional performance-based restricted shares were issued.
- [F2]Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
Signature
/s/ Rosemary Haselroth, by Power of Attorney|2026-03-02