Form 4: Crown Holdings CEO Sells Shares Under 10b5-1 Plan

Crown Holdings President and CEO Timothy J. Donahue sold 7,500 shares of common stock at $110.67 per share under a pre-arranged 10b5-1 plan.

Summary

• Timothy J. Donahue, President & CEO and Director of Crown Holdings, Inc. (CCK), reported a sale of common stock.
• Donahue disposed of 7,500 shares of common stock.
• The transaction occurred on February 18, 2026, at a price of $110.67 per share.
• The sale was executed pursuant to a Rule 10b5-1(c) plan, which was adopted on May 20, 2025.
• Following the transaction, Donahue directly beneficially owns 474,736 shares of common stock.
• Additionally, Donahue indirectly beneficially owns 778 shares through a 401(k) Plan.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal. While the sale was pre-planned under a 10b5-1 plan, reducing the immediate negative implication, it still represents a reduction in the CEO's direct stake in the company.

Negatives

• An insider sale, even under a 10b5-1 plan, can sometimes be perceived negatively as it reduces the insider's direct stake in the company.

Future Outlook

na

Industry Context

StockSavvy.ai notes that insider sales, even when pre-scheduled under a 10b5-1 plan, are routinely monitored by investors for insights into management's perspective on future company performance. While a 10b5-1 plan indicates the sale was pre-planned and not based on immediate material non-public information, the sheer volume of insider transactions across the packaging industry can sometimes signal broader trends in executive compensation or personal financial planning.

Stakeholder Impact

• Shareholders may interpret the insider sale as a signal regarding management's confidence, potentially influencing investment decisions.

Key Dates

Recommendation

The sale by the President & CEO, while executed under a pre-arranged 10b5-1 plan, reduces insider ownership. This action, in isolation, suggests a 'hold' recommendation as it doesn't provide a strong positive catalyst, nor does it indicate a fundamental deterioration of the company's prospects given the pre-planned nature. Investors should monitor future insider activity and broader company performance.

Keywords

Crown Holdings, CCK, Timothy J. Donahue, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director