Form 4: Crane NXT SVP Keayes Reports RSU Conversions, Tax Withholdings

Samuel Keayes, SVP of Security & Authentication Technology at Crane NXT, Co., reported routine conversions of restricted share units and subsequent share disposals for tax obligations.

Summary

• Samuel Keayes, SVP, Security & Auth. Tech. at Crane NXT, Co. (CXT), reported multiple transactions involving company common stock.
• On February 5, 2026, 5,009 2023 Performance-Based Restricted Share Units (RSUs) converted into 4,172 shares of common stock, based on the issuer's performance during the three-year period ending December 31, 2025, with each RSU converting to 0.833 shares.
• On February 5, 2026, 1,961 shares were disposed of at a price of $52.51 per share to cover tax liabilities related to the RSU conversion.
• On February 6, 2026, 626 previously reported Restricted Share Units vested, converting into 626 shares of common stock.
• On February 6, 2026, 295 shares were disposed of at a price of $52.95 per share to cover tax liabilities related to the RSU vesting.
• On February 7, 2026, 656 previously reported Restricted Share Units vested, converting into 656 shares of common stock.
• On February 7, 2026, 309 shares were disposed of at a price of $56.05 per share to cover tax liabilities related to the RSU vesting.
• Following these transactions, Samuel Keayes directly beneficially owns 22,385 shares of Crane NXT, Co. common stock.
• Restricted Share Units generally convert into common stock on a one-for-one basis and vest 25% per year over four years from the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine disclosure of executive equity compensation and tax-related share disposals, which does not indicate any new positive or negative fundamental information about the company.

Positives

• The conversion of 2023 Performance-Based Restricted Share Units indicates that performance targets were met, leading to the issuance of common stock.
• The vesting of additional Restricted Share Units demonstrates continued equity compensation for a key executive, aligning management interests with shareholder value.

Negatives

• A portion of the acquired shares was immediately disposed of to satisfy tax withholding obligations, which is a common practice but results in a reduction of direct beneficial ownership.

Future Outlook

This filing does not contain specific forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures required by the SEC. They provide transparency into executive compensation and equity ownership but typically do not reflect new strategic initiatives or significant shifts in company performance. The transactions are consistent with standard equity compensation plans in the technology and industrial sectors.

Stakeholder Impact

• Shareholders: The report provides transparency into executive compensation and equity ownership, which is generally positive for corporate governance. The slight reduction in direct ownership due to tax withholdings is a standard, minor event.

Key Dates

Recommendation

This Form 4 filing details routine, pre-scheduled insider transactions related to equity compensation and tax obligations. It does not provide new fundamental information about Crane NXT, Co.'s operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as the filing confirms expected executive compensation activities without introducing new catalysts for a 'buy' or 'sell' decision.

Keywords

Crane NXT, CXT, Samuel Keayes, Form 4, Insider Transaction, Restricted Share Units, RSU conversion, Stock vesting, Equity compensation, Tax withholding