Form 4: Crown Castle EVP and CIO Edmond Chan Reports Stock Transactions
SEC Form 4 Filing
Edmond Chan, EVP and CIO of Crown Castle, reports the vesting of Restricted Stock Units (RSUs) and subsequent tax withholding.
Summary
- On February 19, 2025, Edmond Chan, EVP and CIO of Crown Castle Inc., reported transactions involving Crown Castle's common stock.
- Chan acquired 4,962 shares of common stock through the vesting of Time-based Restricted Stock Units (RSUs).
- Simultaneously, 1,209 shares were withheld by the issuer to cover Chan's tax obligations related to the RSU vesting at a price of $89.31.
- Following these transactions, Chan directly owns 12,780 shares of Crown Castle common stock and 9,924 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Crown Castle.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | Date Time RSUs were previously granted |
| 02/19/2025 | Date of RSU vesting and stock transactions |
| 02/20/2025 | Date of signature on the Form 4 filing |
| 02/19/2026 | Next vesting date for 33 1/3% of the original grant amount of Time RSUs |
| 02/19/2027 | Final vesting date for 33 1/3% of the original grant amount of Time RSUs |
Keywords
Form 4, Crown Castle, CCI, Edmond Chan, EVP and CIO, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Tax Withholding
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