Form 4: Crown Castle EVP Adams Reports Stock Transactions
SEC Form 4 Filing
Edward B. Adams Jr., EVP and General Counsel of Crown Castle Inc., reports the vesting of restricted stock units and related tax withholding.
Summary
- On February 10, 2025, Edward B. Adams Jr., EVP and General Counsel of Crown Castle Inc., reported transactions involving Crown Castle's common stock.
- Adams acquired 2,439 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- 661 shares were disposed of to satisfy tax withholding obligations related to the RSU vesting at a price of $89.51 per share.
- Following these transactions, Adams directly owns 23,596 shares of common stock and indirectly owns 831 shares through a 401(k) plan.
- He also directly owns 2,440 derivative securities in the form of Time RSUs.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation, indicating a neutral sentiment.
Future Outlook
The remaining Time RSUs are scheduled to vest on February 10, 2026, subject to continued employment or directorship.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Date Time RSUs were granted. |
| 02/10/2024 | 33 1/3% of Time RSUs vested. |
| 02/10/2025 | Date of reported transactions: RSU vesting and tax withholding. |
| 02/11/2025 | Date of Form 4 signature. |
| 02/10/2026 | Scheduled vesting date for the remaining 33.3% of Time RSUs. |
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