{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-265693","form_type":"8-K","ticker":"CXT","cik":"0000025445","company_name":"Crane NXT, Co.","filed_at":"2022-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.098609+00:00","generated_at":"2026-06-23T02:25:29.179760+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Crane names Aaron Saak CEO of Crane NXT; spin-off on track for early April 2023","bullets":["Aaron Saak appointed President and CEO of Crane NXT, the Payment & Merchandising Technologies business to be spun off.","Separation expected to close in early April 2023; Form 10 Registration Statement to be available before year-end.","Saak receives $800k base salary, $700k sign-on bonus, $2.2M in RSUs, and minimum $4M equity in 2023.","Saak previously led Gilbarco Veeder-Root, a $2B revenue global technology firm serving retail convenience markets.","Crane NXT expected to generate ~$1.4B sales with a ~30% pre-corporate Adjusted EBITDA margin this year."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-265693","json":"https://secwatch.observer/filing/0001193125-22-265693.json","markdown":"https://secwatch.observer/filing/0001193125-22-265693.md","text":"https://secwatch.observer/filing/0001193125-22-265693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25445/000119312522265693/0001193125-22-265693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25445/000119312522265693/d245164d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:25:29.179760+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e11eb67fef","claim":"Aaron Saak was appointed as Chief Executive Officer at Crane NXT, Co..","evidence_excerpt":"On October 5, 2022, Aaron Saak, 49 years old, was appointed to serve as Chief Executive Officer for the Crane NXT organization.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25445/000119312522265693/0001193125-22-265693-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}