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Crane NXT, Co. Director's Dealing 2023

Dec 1, 2023

31213_dirs_2023-12-01_5a1bfd12-369f-45a5-bd44-322f7fde28b5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crane NXT, Co. (CXT)
CIK: 0000025445
Period of Report: 2023-11-29

Reporting Person: MITCHELL MAX H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-11-29 COMMON STOCK M 5282 $35.06 Acquired 327910 Direct
2023-11-29 COMMON STOCK S 5282 $51 Disposed 322628 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-11-29 Employee Stock Option (Right to Buy) $35.06 M 5282 Disposed 2028-01-29 COMMON STOCK (5282) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 2939 Indirect

Footnotes

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.

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.

F3: The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.