Form 4: Crane NXT SVP Exercises Stock Options and Sells Shares

Samuel Keayes, SVP of Security & Authentication Technology at Crane NXT, Co., exercised a significant number of employee stock options and subsequently sold a portion of the acquired shares.

Summary

• Samuel Keayes, SVP, Security & Authentication Technology at Crane NXT, Co. (CXT), reported transactions on June 3, 2025.
• Mr. Keayes exercised employee stock options to acquire a total of 16,599 shares of common stock.
• Specifically, 5,197 shares were acquired at an exercise price of $29.50, 6,002 shares at $31.37, and 5,400 shares at $29.71.
• These options were granted on January 25, 2021, January 27, 2020, and January 28, 2019, respectively, each with a ten-year term and vesting 25% annually over four years.
• Following the option exercises, Mr. Keayes disposed of 14,761 shares of common stock through a sale.
• The shares were sold at a weighted average price ranging from $54.00 to $54.04 per share.
• After these reported transactions, Samuel Keayes beneficially owns 19,496 shares of Crane NXT, Co. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While an insider sold shares, the sale followed the exercise of options at a significantly lower price, indicating a profitable and likely pre-planned transaction (Rule 10b5-1 plan indicated). This is a routine compensation event rather than a signal of lack of confidence.

Positives

• The executive exercised stock options, indicating the options were in-the-money and providing a financial benefit to the insider.
• Shares were sold at a significantly higher price ($54.00-$54.04) than the exercise prices ($29.50, $31.37, $29.71), demonstrating a profitable transaction for the executive.

Negatives

• The executive sold a substantial number of shares (14,761), which could be interpreted as a reduction in direct exposure to the company's stock, although this is often done for tax purposes or liquidity following option exercises.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive dynamics. It reflects an executive's compensation realization and personal financial planning.

Stakeholder Impact

• Shareholders: May view the executive's profitable exercise and sale as a positive sign of the stock's value appreciation, or as a neutral event related to executive compensation and personal financial management.

Key Dates

Keywords

Crane NXT, CXT, Form 4, Insider Trading, Stock Options, Share Sale, Executive Compensation, Beneficial Ownership, Samuel Keayes