Collins Robert Sean 4
Research Summary
AI-generated summary
Crown Castle (CCI) VP/Controller Robert Collins Sells 3,000 Shares
What Happened
- Robert Sean Collins, Vice President and Controller of Crown Castle Inc. (CCI), sold 3,000 shares in an open-market or private sale on Feb 27, 2026 at $87.49 per share for proceeds of $262,470.
- Two days earlier (Feb 25, 2026) he was granted 4,874 Restricted Stock Units (RSUs) (derivative securities) with no cash purchase price; these RSUs are contingent rights to receive shares if vesting conditions are met.
Key Details
- Sale: 3,000 shares at $87.49 on 2026-02-27 — proceeds $262,470 (Transaction code: S).
- Grant: 4,874 RSUs on 2026-02-25 (Transaction code: A); grant reported with $0 acquisition price because RSUs are contingent awards.
- Vesting: 33 1/3% of the Time RSUs vests on Feb 19 of each year 2027, 2028 and 2029 (per footnote).
- Footnotes: F1 notes the sold shares were previously acquired in transactions exempt under Rule 16b‑3(c); F2/F3 describe the RSU plan and vesting schedule.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: Form 4 was filed Feb 27, 2026 (reporting period Feb 25, 2026); filing appears timely (no late filing indicated).
Context
- The RSU grant is a non-cash, long-term incentive award that vests over time; it does not represent an immediate purchase of shares.
- Sales by corporate officers can be routine (e.g., for diversification or tax reasons) and do not by themselves indicate the insider’s view of the company; this summary is factual and does not speculate on motive.