Form 4: Crane NXT CFO Christina Cristiano Reports Stock Transactions
SEC Form 4 Filing
Christina Cristiano, SVP and CFO of Crane NXT, Co., reported the vesting of restricted share units and subsequent tax withholding.
Summary
- On January 25, 2025, Christina Cristiano, the SVP and Chief Financial Officer of Crane NXT, Co., reported transactions involving the company's common stock.
- 151 Restricted Share Units vested, converting into common stock at a price of $0.
- Following the vesting, 86 shares were disposed of to cover tax obligations at a price of $63.7.
- After these transactions, Cristiano directly owns 4,603 shares of common stock and 14,665 Restricted Share Units.
- The Restricted Share Units vest 25% per year over four years, starting from the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency into the holdings and transactions of key executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Date of stock transactions: vesting of Restricted Share Units and tax withholding. |
| 01/28/2025 | Date of signature for the report. |
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