Form 4: Crane NXT VP, Controller & CAO Reports Stock Vesting

Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co., reports the vesting of restricted share units and subsequent tax withholding.

Summary

• On April 20, 2025, Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co., had 356 restricted share units vest.
• These units converted into common stock on a one-for-one basis.
• Following the vesting, 129 shares were withheld to cover tax obligations at a price of $44.66 per share.
• After these transactions, Shardelow directly owns 3,419 shares of common stock and 3,647 restricted share units.

Sentiment

Score: 7

Explanation: The document reflects a neutral event (stock vesting) with no apparent positive or negative implications for the company's overall performance.

Industry Context

This is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time.
• The vesting schedule of 25% per year over four years is a common practice.
• Tax withholding upon vesting is standard procedure to cover income tax obligations.

Stakeholder Impact

• The vesting of restricted share units has a minor dilutive effect on existing shareholders.
• The executive benefits from the vesting as part of their compensation package.

Key Dates

Keywords

Form 4, Crane NXT, Stock Vesting, Restricted Share Units, Beneficial Ownership, Insider Trading