Form 4: Crane NXT, Co.: Officer Bianca B. Shardelow Reports Share Vesting
SEC Form 4 Filing
Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co., reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On January 25, 2025, Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co., had 681 restricted share units vest.
- These units converted into common stock on a one-for-one basis.
- Following the vesting, 282 shares were withheld to cover tax obligations at a price of $63.7 per share.
- After these transactions, Shardelow directly owns 2,489 shares of common stock and 4,312 restricted share units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate any specific positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of restricted share units has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Date of vesting of restricted share units and tax withholding. |
| 01/28/2025 | Date of signature on the Form 4 filing. |
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