Key facts
- This page summarizes Max H. Mitchell's Form 4 filing for Crane NXT, Co. (CXT).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 Dec 2023, 16:22.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Sale
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
Mr. Mitchell exercised and sold 5,282 stock options at a price of $51.00 to better diversify his investment portfolio, which is largely comprised of Crane NXT stock. Following this exercise and sale, Mr. Mitchell's direct ownership level remains unchanged at 322,628 shares of Crane NXT stock.
Footnote F2
The Company's stock ownership guidelines for non-employee directors require Mr. Mitchell to maintain a minimum ownership level of at least five times the cash portion of his annual retainer received as a director. After giving effect to the exercise and sale, Mr. Mitchell continues to beneficially own more than 100 times the cash portion of his annual retainer in issuer stock.
Footnote F3
The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.