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Deferred stock awards increase Crane NXT (NYSE: CXT) director equity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crane NXT, Co. director John S. Stroup reported compensation-related equity grants. On May 21, 2026, he received two awards of Deferred Stock Units, covering 210 and 7,364 units at a stated price of $0.00 per unit.

The units each correspond to one share of Crane NXT common stock and convert on a one-for-one basis when Stroup separates from service on the Board of Directors. Some units represent accumulated dividends during the year, and grants can be forfeited if board service ends before the one-year anniversary, except in cases of death or a change in control of Crane NXT.

Positive

  • None.

Negative

  • None.
Insider Stroup John S
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 7,364 $0.00 --
Grant/Award Deferred Stock Units 210 $0.00 --
Holdings After Transaction: Deferred Stock Units — 23,971 shares (Direct, null)
Footnotes (1)
  1. Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors. Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co. Represents Deferred Stock Unit dividends accumulated during the year.
Deferred Stock Unit grant 1 210 units Grant/award acquisition on May 21, 2026
Deferred Stock Unit grant 2 7,364 units Grant/award acquisition on May 21, 2026
Price per Deferred Stock Unit $0.00 per unit Compensation grant terms
Holding after one transaction 24,181 Deferred Stock Units Total units following one reported grant
Holding after other transaction 23,971 Deferred Stock Units Total units following the other reported grant
Underlying common stock 1 share per unit One-for-one conversion into Crane NXT common stock
Deferred Stock Units financial
"Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control financial
"unless termination results from death or change in control of Crane NXT, Co."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Board of Directors financial
"upon separation from service on the Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
dividends financial
"Represents Deferred Stock Unit dividends accumulated during the year."
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stroup John S

(Last)(First)(Middle)
950 WINTER STREET
4TH FLOOR NORTH

(Street)
WALTHAM MASSACHUSETTS 02451

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Crane NXT, Co. [ CXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)05/21/2026A7,364 (2) (2)COMMON STOCK7,364$023,971D
Deferred Stock Units(1)05/21/2026(3)A210 (2) (2)COMMON STOCK210$024,181D
Explanation of Responses:
1. Deferred Stock Units convert into Crane NXT, Co. common stock on one-for-one basis upon separation from service on the Board of Directors.
2. Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane NXT, Co.
3. Represents Deferred Stock Unit dividends accumulated during the year.
Remarks:
/s/ Paul G. Igoe, Attorney-in-Fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Crane NXT (CXT) director John S. Stroup report?

John S. Stroup reported receiving deferred stock unit awards, not open-market trades. On May 21, 2026, he was granted 210 and 7,364 Deferred Stock Units as equity compensation tied to his service on Crane NXT’s Board of Directors.

What are Deferred Stock Units in the Crane NXT (CXT) Form 4 filing?

Deferred Stock Units are equity awards that track Crane NXT common stock. In this filing, each unit converts into one Crane NXT share when the director leaves the Board, aligning director compensation with long-term shareholder interests through stock-based value.

When do Crane NXT (CXT) Deferred Stock Units convert into common stock?

The Deferred Stock Units convert into Crane NXT common stock on a one-for-one basis upon the director’s separation from service on the Board of Directors. This means the director receives actual shares only when board service ends.

Under what conditions can Crane NXT (CXT) Deferred Stock Units be forfeited?

Deferred Stock Units are forfeited if board service ends before the one-year anniversary of the grant. The filing states this forfeiture does not apply when termination results from the director’s death or from a change in control of Crane NXT, Co.

Do the Crane NXT (CXT) Deferred Stock Units include dividend equivalents?

Yes. The filing explains that a portion of the reported Deferred Stock Units represents dividends accumulated during the year. These dividend-equivalent units mirror cash dividends paid on Crane NXT shares, credited as additional deferred stock units instead of cash.

Is the Crane NXT (CXT) Form 4 transaction a stock purchase or sale?

No, the Form 4 reflects equity compensation grants, not market purchases or sales. The transactions are coded as awards of Deferred Stock Units at a price of $0.00, indicating non-cash grants rather than the director buying or selling shares in the open market.