Crown Castle (CCI) EVP exercises 2,440 RSUs and withholds 672 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crown Castle Inc. executive Edward B. Adams Jr., EVP and General Counsel, reported equity compensation activity involving restricted stock units. On February 10, 2026, he exercised 2,440 Time RSUs, receiving 2,440 shares of common stock at an exercise price of $0 per share.
To cover related tax obligations from this vesting, 672 common shares were withheld by the company at a price of $84.54 per share, as a tax-withholding disposition. After these transactions, Adams directly held 22,296 common shares and indirectly held 1,062 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,440 shares exercised/converted
Mixed
4 txns
Insider
Adams Edward B JR
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time RSUs | 2,440 | $0.00 | -- |
| Exercise | Common Stock, $0.01 Par Value | 2,440 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 Par Value | 672 | $84.54 | $57K |
| holding | Common Stock, $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Time RSUs — 0 shares (Direct);
Common Stock, $0.01 Par Value — 22,968 shares (Direct);
Common Stock, $0.01 Par Value — 1,062 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- Represents shares withheld by the issuer to satisfy the reporting person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the reporting person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e). Represents shares previously acquired in transactions exempt under Rule 16b-3(c). Each RSU is issued pursuant to the Crown Castle Inc. ("Company") 2022 Long-Term Incentive Plan, as amended, and represents a contingent right to receive one share of common stock, and vesting (i. e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in the footnote below. These Time RSUs were previously granted on February 21, 2023. 33 1/3% of the original grant amount of these Time RSUs vested on February 10 of each of 2024, 2025 and 2026.
FAQ
What insider transaction did CCI executive Edward B. Adams Jr. report?
Edward B. Adams Jr., EVP and General Counsel of Crown Castle Inc. (CCI), reported the vesting and exercise of 2,440 Time RSUs into common stock. These units converted at $0 per share as part of his long-term incentive compensation arrangement.
What derivative securities were involved in the CCI Form 4 filing?
The filing involved Time RSUs issued under Crown Castle’s 2022 Long-Term Incentive Plan. On February 10, 2026, 2,440 RSUs vested and were converted into an equal number of common shares, leaving Adams with no remaining RSUs from this specific grant.
When were the vested Crown Castle (CCI) Time RSUs originally granted?
The Time RSUs exercised on the Form 4 were originally granted on February 21, 2023. The grant vested in three equal installments, with 33 1/3% vesting on February 10 of each year in 2024, 2025, and 2026, subject to continued service.