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Crane NXT (CXT) CEO logs RSU vesting, tax-withholding share moves

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

Rhea-AI Filing Summary

Crane NXT, Co. CEO and director Aaron W. Saak reported equity award activity involving restricted share units and common stock. On February 26, 2026, 4,059 restricted share units vested and converted one-for-one into 4,059 shares of common stock, with 1,963 shares withheld at $51.02 per share to cover taxes. On February 28, 2026, an additional 3,879 restricted share units vested and converted into 3,879 common shares, with 1,876 shares withheld at $48.29 per share for tax obligations. After these transactions, Saak held 40,595 shares of common stock directly.

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Insider Saak Aaron W
Role CEO
Type Security Shares Price Value
Exercise Restricted Share Unit 3,879 $0.00 --
Exercise COMMON STOCK 3,879 $0.00 --
Tax Withholding COMMON STOCK 1,876 $48.29 $91K
Exercise Restricted Share Unit 4,059 $0.00 --
Exercise COMMON STOCK 4,059 $0.00 --
Tax Withholding COMMON STOCK 1,963 $51.02 $100K
Holdings After Transaction: Restricted Share Unit — 59,021 shares (Direct); COMMON STOCK — 42,471 shares (Direct)
Footnotes (1)
  1. Represents vesting of 4,059 previously reported Restricted Share Units. Represents vesting of 3,879 previously reported Restricted Share Units. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Saak Aaron W
(Last) (First) (Middle)
950 WINTER STREET
4TH FLOOR NORTH
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crane NXT, Co. [ CXT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
COMMON STOCK 02/26/2026 M 4,059(1) A $0 40,555 D
COMMON STOCK 02/26/2026 F 1,963 D $51.02 38,592 D
COMMON STOCK 02/28/2026 M 3,879(2) A $0 42,471 D
COMMON STOCK 02/28/2026 F 1,876 D $48.29 40,595 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Unit (3) 02/26/2026 M 4,059 (4) (4) COMMON STOCK 4,059 $0 62,900 D
Restricted Share Unit (3) 02/28/2026 M 3,879 (4) (4) COMMON STOCK 3,879 $0 59,021 D
Explanation of Responses:
1. Represents vesting of 4,059 previously reported Restricted Share Units.
2. Represents vesting of 3,879 previously reported Restricted Share Units.
3. Restricted Share Units convert into common stock on a one-for-one basis.
4. Restricted Share Units vest 25% per year over four years beginning on the first anniversary of the grant date.
/s/ Paul G. Igoe, Attorney-in-Fact 03/02/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Crane NXT (CXT) report for Aaron W. Saak?

Crane NXT reported that CEO Aaron W. Saak had restricted share units vest on February 26 and 28, 2026, converting into common stock and triggering related tax-withholding share dispositions, all reported as direct ownership changes.

How many Crane NXT (CXT) restricted share units vested for the CEO?

A total of 7,938 restricted share units vested for CEO Aaron W. Saak, split between 4,059 units on February 26, 2026, and 3,879 units on February 28, 2026, each converting into an equal number of common shares.

How many Crane NXT (CXT) shares were withheld to cover the CEO’s taxes?

To satisfy tax obligations from vesting, 1,963 common shares were withheld at $51.02 per share on February 26, 2026, and 1,876 shares were withheld at $48.29 per share on February 28, 2026, as tax-withholding dispositions.

What was Aaron W. Saak’s Crane NXT (CXT) share ownership after these transactions?

Following the reported vesting and tax-withholding dispositions, CEO Aaron W. Saak directly held 40,595 shares of Crane NXT common stock, according to the share balance disclosed after the final transaction on February 28, 2026.

Do Crane NXT (CXT) restricted share units convert into common stock one-for-one?

Yes. The filing states that each restricted share unit converts into one share of Crane NXT common stock, so 4,059 and 3,879 vested units produced equal numbers of common shares upon conversion on the respective vesting dates.

How do Crane NXT (CXT) restricted share units vest over time for the CEO?

The restricted share units vest 25 percent per year over four years, beginning on the first anniversary of the grant date. This structure spreads the CEO’s equity award vesting across four annual increments tied to continued service.