Grace Timothy P. 4
Research Summary
AI-generated summary
Crown Castle (CCI) EVP Timothy P. Grace Receives RSU Award
What Happened
- Timothy P. Grace, EVP & CHRO of Crown Castle Inc. (CCI), was granted 8,632 Restricted Stock Units (RSUs) on February 25, 2026. The Form 4 records this as a derivative award (transaction code A) at $0.00 per unit (total reported value $0). This is a compensation grant, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (appears timely).
- Price reported: $0.00 per RSU (derivative award).
- Shares owned after transaction: not specified in the filing excerpt.
- Footnotes:
- F1: Each RSU is a contingent right to receive one share under the Company’s 2022 Long‑Term Incentive Plan and is subject to continued employment and other conditions.
- F2: These are “Time RSUs”: 33 1/3% vests on February 19 of 2027, 2028 and 2029.
- No tax withholding, 10b5‑1 plan, or late‑filing indication noted in the provided details.
Context
- RSU grants are routine executive compensation and do not represent an immediate purchase or sale of shares; actual shares are typically issued only when RSUs vest and any forfeiture restrictions lapse. For investors, grants indicate future potential share issuance upon vesting but are not a direct signal of immediate insider buying or selling.