Adams Edward B JR 4

What Happened

• Edward B. Adams Jr., Executive Vice President and General Counsel of Crown Castle (CCI), was granted 14,490 performance-based restricted stock units (RSUs) on 2026-05-01 (reported as an award, code A). Simultaneously, 5,702 shares were withheld (reported as disposed, code F) to satisfy tax withholding at a reported per-share value of $88.78, equal to $506,224. Net shares retained from this award: 8,788. This was an award of compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01. Form 4 filed: 2026-05-05 (timely filing).
• Award: 14,490 RSUs (code A); recorded at $0.00 for acquisition (typical for grants).
• Tax withholding: 5,702 shares withheld (code F) at $88.78/share = $506,224.
• Net new shares retained by the insider: 8,788 (14,490 awarded − 5,702 withheld).
• Shares owned after the transaction: Not specified in the filing.
• Footnotes in filing:
  • F1: Award reflects shares issued upon satisfaction of performance criteria for the RSUs.
  • F2: Shares were withheld by the issuer to satisfy the reporting person's tax withholding.
  • F3: Some shares were previously acquired in transactions exempt under Rule 16b-3(c).
• Filing timeliness: Filed within required two business days (not late).

Context

• Performance RSUs are compensation that vest only if specified performance goals are met (F1); the grant itself is not an indication of buying or selling sentiment. Withholding shares to cover taxes (F2) is a routine administrative step that reduces the number of shares delivered to the insider.