Form 4: Crane NXT VP Controller Reports Stock Transactions

Crane NXT's VP, Controller & CAO, Bianca B. Shardelow, reported the vesting of Restricted Share Units and subsequent sale of shares for tax withholding.

Summary

• Bianca B. Shardelow, VP, Controller & CAO of Crane NXT, Co. (CXT), reported transactions involving common stock and Restricted Share Units (RSUs).
• On February 6, 2026, 445 previously reported Restricted Share Units vested, converting into common stock.
• Concurrently, 251 shares of common stock were disposed of at a price of $52.95 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Shardelow's direct beneficial ownership of common stock was 3,613 shares and 3,202 Restricted Share Units.
• On February 7, 2026, an additional 525 previously reported Restricted Share Units vested, converting into common stock.
• Simultaneously, 296 shares of common stock were disposed of at a price of $56.05 per share for tax withholding purposes.
• After these transactions, Shardelow's direct beneficial ownership of common stock was 3,842 shares and 2,677 Restricted Share Units.
• Restricted Share Units convert into common stock on a one-for-one basis and vest 25% per year over four years beginning on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While shares were sold, it was for tax purposes related to compensation, indicating a routine and expected part of executive remuneration rather than a discretionary sale.

Positives

• The vesting of 970 Restricted Share Units (445 + 525) represents a realization of compensation for the reporting person.
• The increase in direct beneficial ownership of common stock (from 3,613 to 3,842 shares after the second transaction) indicates continued alignment of the executive's interests with shareholders.

Negatives

• A total of 547 shares (251 + 296) of common stock were sold to cover tax withholding obligations, reducing the reporting person's direct shareholding.

Future Outlook

The filing indicates that Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date, implying future vesting events for the remaining RSUs.

Industry Context

StockSavvy.ai notes that the vesting of Restricted Share Units and subsequent sale of shares for tax withholding are standard practices in executive compensation across various industries. This type of transaction is a routine part of long-term incentive plans designed to align executive interests with shareholder value over time.

Stakeholder Impact

• Shareholders: The transactions represent a routine change in insider ownership, with a slight net increase in common stock held by the executive after accounting for vesting and tax sales, which generally aligns executive and shareholder interests.

Next Steps

• Future vesting of remaining Restricted Share Units according to the 25% per year over four years schedule.

Key Dates

Keywords

Crane NXT, CXT, Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Executive Compensation, Stock Transactions, Officer Stock Ownership