Gavin Gary M 4
Research Summary
AI-generated summary
Crown Holdings (CCK) Gavin Gary M Transfers 3,113 Shares for Tax Withholding
What Happened Gary M. Gavin (President — Americas Division) transferred 3,113 shares of Crown Holdings on 2026-05-15 as payment for tax withholding tied to the vesting of restricted stock. The reported per-share withholding value was $96.08, for a total value of approximately $299,097. This was a share surrender to the company to cover tax liability, not an open-market sale.
Key Details
- Transaction date and price: 2026-05-15 at $96.08 per share.
- Shares surrendered/disposed: 3,113 (total value ≈ $299,097).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were transferred to the company for tax withholding in connection with vesting of restricted stock.
- Timeliness: Form 4 was filed 2026-05-18; this is within the typical two business-day reporting window (timely).
Context
- Code F transactions denote shares withheld to satisfy tax obligations on awards; these are routine administrative dispositions and do not necessarily signal a change in the insider’s market view.
- This was not a market sale or purchase — the company received the shares to cover withholding related to RSU vesting.