Crane NXT, Co.·4

May 26, 4:05 PM ET

Joyce Sandra 4

Research Summary

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Crane NXT (CXT) Director Joyce Sandra Receives Equity Award

What Happened
Joyce Sandra, a director of Crane NXT, received two grants of Deferred Stock Units (DSUs) on 2026-05-21: 4,119 DSUs and an additional 70 DSUs, for a total of 4,189 units. Each unit was granted at $0.00 (no cash paid at grant), so the immediate reported value is $0. These are derivative awards (transaction code A) rather than open-market purchases or sales.

Key Details

  • Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed 5 days after the transaction; this exceeds the typical 2-business-day Form 4 window).
  • Grants: 4,119 DSUs @ $0.00 and 70 DSUs @ $0.00 (total 4,189 DSUs); reported dollar value at grant = $0.
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes from the filing:
    • F1: DSUs convert one-for-one into Crane NXT common stock upon separation from Board service.
    • F2: DSUs are forfeited if service ends before the one-year anniversary of the grant, unless termination is due to death or a change in control.
    • F3: The 70 DSUs represent accumulated Deferred Stock Unit dividends for the year.
  • Transaction type: Award/Grant of derivative units (not a market purchase or sale).

Context
Deferred Stock Units are compensation that convert to actual shares later (here, upon separation from board service) and therefore do not represent immediate stock ownership or an immediate bullish market purchase. Such grants are common for director compensation; they are informative about pay structure but do not necessarily signal insider buying or selling intent.