Levendos Christopher 4

4 · CROWN CASTLE INC. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Crown Castle EVP Christopher Levendos Exercises RSUs; Shares Withheld

What Happened

Christopher Levendos, EVP & COO – Fiber at Crown Castle (CCI), had time-based RSUs vest and convert into shares on February 19, 2026. Three vested awards converted into a total of 15,702 shares (no exercise price). The company withheld 4,520 of those shares to satisfy the reporting person’s tax withholding obligation, valued at $87.43 per share for a withholding of $395,184. Net shares delivered to Levendos were 11,182.

Key Details

Transaction date: February 19, 2026 (Form 4 filed February 23, 2026).
Reported events: Exercise/conversion of derivative/vested RSUs (code M) and share withholding to cover taxes (code F).
Price/exercise info: RSUs had $0 exercise price; withholding calculated at $87.43 per share (4,520 shares → $395,184).
Shares acquired (gross): 15,702; shares withheld: 4,520; net shares received: 11,182.
Shares owned after transaction: Not disclosed in the filing.
Notable footnotes: Withholding represents shares withheld by the issuer to satisfy tax withholding (exempt under Rule 16b-3(e)). The RSUs were granted under the Company’s 2022 Long-Term Incentive Plan; the awards include time-based RSUs originally granted in 2023, 2024 and 2025 that vest in thirds on Feb 19 of applicable years (see filing footnotes F3–F6).
Filing timeliness: Form 4 was filed on Feb 23 for a Feb 19 transaction (filed four days later); this appears later than the typical two-business-day Form 4 reporting window.

Context

These transactions reflect standard vesting and settlement of company RSU compensation (conversion of restricted stock units into shares), not an open-market purchase or sale for investment reasons. The share withholding to cover taxes is a routine cashless settlement method and is commonly exempt under Rule 16b-3(e).

Form 4

Period: 2026-02-19

EVP & COO - Fiber

Transactions

Exercise/Conversion
Common Stock, $0.01 Par Value
2026-02-19+3,912→ 17,847 total
Exercise/Conversion
Common Stock, $0.01 Par Value
2026-02-19+5,396→ 23,243 total
Exercise/Conversion
Common Stock, $0.01 Par Value
2026-02-19+6,394→ 29,637 total
Tax Payment
Common Stock, $0.01 Par Value
[F1]
2026-02-19$87.43/sh−4,520$395,184→ 25,117 total
Exercise/Conversion
Time RSUs
[F3][F4]
2026-02-19−3,912→ 0 total
→ Common Stock (3,912 underlying)
Exercise/Conversion
Time RSUs
[F3][F5]
2026-02-19−5,396→ 5,397 total
→ Common Stock (5,396 underlying)
Exercise/Conversion
Time RSUs
[F3][F6]
2026-02-19−6,394→ 12,788 total
→ Common Stock (6,394 underlying)

Holdings

Footnotes (6)

[F1]Represents shares withheld by the issuer to satisfy the reporting person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the reporting person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
[F2]Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
[F3]Each RSU was issued pursuant to the Crown Castle Inc. ("Company") 2022 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in the footnotes below.
[F4]These Time RSUs were previously granted on February 22, 2023. 33 1/3% of the original grant amount of these Time RSUs vested on February 19 of each of 2024, 2025 and 2026.
[F5]These Time RSUs were previously granted on February 21, 2024. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2025, 2026 and 2027.
[F6]These Time RSUs were previously granted on February 26, 2025. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2026, 2027 and 2028.

Signature

/s/ Christopher Levendos|2026-02-19

1 file