Crane NXT, Co.·4

Jun 16, 4:05 PM ET

Saak Aaron W 4

Research Summary

AI-generated summary

Updated

Crane NXT (CXT) CEO Saak Aaron W Buys 24,000 Shares

What Happened

  • Saak Aaron W, CEO and Director of Crane NXT, reported an open-market purchase of 24,000 shares on 2026-06-12. The weighted average purchase price was $42.13 per share (range $41.92–$42.20), for a total reported acquisition value of $1,011,120. This was a purchase (acquisition), which is typically viewed as a direct buy of company stock rather than a sale or option exercise.

Key Details

  • Transaction type: Open-market purchase (code: P)
  • Transaction date: 2026-06-12
  • Price: Weighted average $42.13; reported price range $41.92 to $42.20 (see footnote F1 for breakdown)
  • Shares purchased: 24,000
  • Total value: $1,011,120
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Footnote: F1 notes the weighted average price and that the reporting person will provide, upon request, the number of shares purchased at each separate price
  • Filing timeliness: Report filed 2026-06-16 for a 2026-06-12 transaction; filing appears to be within the standard Form 4 timing rules

Context

  • Purchases by executives are often watched by investors as a direct indication of the insider buying company stock; this report documents a meaningful ~ $1.0M buy by the CEO. The filing is factual and does not state the insider’s motivation.