Piche Catherine 4

What Happened

• Catherine Piche, EVP & COO‑Towers of Crown Castle Inc. (CCI), had 5,438 time‑based RSUs vest on February 19, 2026. The RSUs converted into common stock (reported as derivative conversion). To satisfy tax withholding, 1,607 shares were surrendered at $87.43 per share, totaling about $140,500. The net shares issued to Piche were 3,831 (5,438 vested − 1,607 withheld).

Key Details

• Transaction date: 2026-02-19.
• Vesting/conversion: 5,438 RSUs converted to common shares (code M).
• Tax withholding: 1,607 shares withheld (code F) at $87.43/share = $140,500.
• Net shares received by insider: 3,831.
• Footnotes: Withholding is to satisfy tax obligations for RSU vesting and is exempt from Section 16(b) pursuant to Rule 16b‑3(e). The RSUs were Time RSUs granted Feb 26, 2025, with 1/3 vesting each Feb 19 in 2026–2028.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form filed Feb 23, 2026; filing appears timely (within required business‑day window).

Context

• This was an RSU vesting event, not a market purchase or open‑market sale. The withholding of shares for taxes is a routine administrative step and does not necessarily indicate a buy/sell sentiment.