Madeksza Matt 4

What Happened

• Madeksza Matt, President — Transit Packaging at Crown Holdings (CCK), had 744 performance-based restricted shares vest on February 26, 2026 (reported on Form 4). Those shares were issued at $0.00 (award).
• To cover tax withholding on the vested shares, 1,756 shares were transferred back to the company (disposition) at an indicated price of $115.36 per share, totaling $202,572. The award and withholding were reported on a Form 4 filed March 2, 2026.
• This transaction combines an acquisition (award vesting) and a routine disposition for tax withholding — not an open-market sale.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely).
• Award: 744 performance-based restricted shares issued (code A) at $0.00.
• Tax withholding: 1,756 shares surrendered (code F) at $115.36 per share = $202,572.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: (1) These 744 shares are additional performance-based shares from an original grant reported Jan 6, 2023; the ROIC-based payout was 120% of target. (2) The 1,756-share disposition represents shares transferred to the company for tax withholding.

Context

• The award is a vesting of performance-based restricted stock tied to company ROIC metrics (a non-cash compensation event).
• The surrendered shares were used to satisfy tax withholding obligations — a common, administrative action that does not necessarily indicate a decision to sell additional shares on the open market.
• No 10% owner, trading plan, or late-filing concerns are indicated in the provided details.