Gifford Gerard H 4

What Happened

• Gerard H. Gifford, Executive Vice President & Chief Accounting Officer of Crown Holdings (CCK), had 2,505 performance-based restricted shares vest on Feb 26, 2026 (awarded at $0). To satisfy tax withholding on the vesting, 5,915 shares were transferred back to the company (disposed) at $115.36 per share for a value of $682,354. The award results from a prior performance grant and the transfer was for tax withholding (not an open-market sale).

Key Details

• Transaction dates: Vesting/award and withholding occurred on 2026-02-26; Form 4 filed 2026-03-02.
• Prices/values: Awarded shares: 2,505 shares at $0.00 (restricted stock vesting). Withheld/transferred shares: 5,915 shares at $115.36 = $682,354.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes: F1 — These 2,505 shares are additional performance-based restricted shares from an original Jan 6, 2023 grant; Company ROIC payout was 120% of target. F2 — The 5,915 shares were transferred to the company to satisfy tax withholding.
• Transaction codes: A = Award/Grant; F = Transfer of shares for tax withholding.
• Timeliness: Transaction date 2/26/2026; filing date 3/2/2026 — the Form 4 was filed after the transaction (check SEC rules for the 2-business-day filing window).

Context

• This was a vesting of performance-based restricted stock (not a purchase) and a routine share transfer to the company to cover tax obligations. Such tax-withholding transfers are common and do not necessarily indicate a change in insider sentiment.