Form 4: Crown Holdings Executive Receives Stock Grant

Crown Holdings, Inc. (CCK) executive John M. Rost was granted 1,811 shares of restricted common stock under the company's 2022 Stock-Based Compensation Plan.

Summary

• John M. Rost, EVP & COO of Crown Holdings, Inc. (CCK), received a grant of 1,811 shares of restricted common stock on April 17, 2026.
• The grant is part of the 2022 Stock-Based Compensation Plan.
• The shares include time-vested and performance-based restricted shares with varying vesting schedules and conditions.
• Rost also beneficially owns 298 shares of CCK Common Stock through the CCK 401(k) Plan as of March 31, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard stock grant to an executive, which is typical compensation practice and does not inherently signal significant positive or negative developments for the company.

Positives

• Grant of restricted stock to a key executive, indicating continued investment in leadership and potential alignment of executive interests with shareholder value.
• The restricted stock grant includes performance-based components tied to Total Shareholder Return and Return on Invested Capital, aligning executive compensation with company performance.
• The executive has a diversified ownership structure, including shares held within a 401(k) plan.

Risks

• Performance-based restricted shares may not vest if company performance targets (Total Shareholder Return vs. peer group, Return on Invested Capital) are not met, with potential vesting ranging from 0% to 200% of the targeted amount.
• Time-vested restricted shares have staggered vesting dates through January 2029, meaning the executive's full benefit from these shares is realized over time.

Future Outlook

The future outlook for the executive's compensation is tied to the vesting of restricted stock, which is contingent upon meeting specific time-based and performance-based criteria related to Total Shareholder Return and Return on Invested Capital.

Industry Context

StockSavvy.ai notes that grants of restricted stock to senior executives are a common practice in the packaging and containers industry to incentivize long-term performance and align executive interests with shareholders. The performance metrics chosen (TSR and ROIC) are standard benchmarks for evaluating operational efficiency and market performance.

Stakeholder Impact

• Shareholders: The grant aligns executive incentives with long-term company performance, potentially benefiting shareholders if performance targets are met. Dilution is minimal given the nature of restricted stock grants.
• Employees: The compensation structure for executives may influence overall employee compensation strategies and morale.
• Management: Reinforces the role of John M. Rost as EVP & COO with equity incentives.

Next Steps

• Vesting of time-based restricted shares on April 16, 2027, January 3, 2028, and January 3, 2029.
• Vesting of performance-based restricted shares on January 3, 2029, contingent on achieving Total Shareholder Return and Return on Invested Capital targets.

Key Dates

Keywords

Crown Holdings, CCK, Form 4, Stock Grant, Restricted Stock, Executive Compensation, EVP & COO, John M. Rost, SEC Filing, Insider Trading