Form 4: Crane NXT Officer Reports Stock Transactions Following Vesting of Restricted Share Units
SEC Form 4 Filing
Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co., reported the vesting and subsequent disposal of shares related to restricted share units on February 6th and 7th, 2025.
Summary
- Bianca B. Shardelow, a VP, Controller & CAO at Crane NXT, Co., filed a Form 4 detailing changes in beneficial ownership.
- On February 6, 2025, 445 restricted share units vested, converting into common stock.
- Also on February 6, 2025, 185 shares were disposed of at a price of $64.86.
- Following these transactions, Shardelow directly owned 2,749 shares of common stock.
- On February 7, 2025, 522 restricted share units vested, converting into common stock.
- Also on February 7, 2025, 216 shares were disposed of at a price of $64.09.
- Following these transactions, Shardelow directly owned 3,055 shares of common stock.
- Shardelow also holds 3,345 restricted share units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, and it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | 445 Restricted Share Units vested and 185 shares disposed of. |
| 02/07/2025 | 522 Restricted Share Units vested and 216 shares disposed of. |
| 02/10/2025 | Date of signature for the Form 4 filing. |
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