---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-278631"
form_type: "8-K"
ticker: "CCK"
cik: "0001219601"
company_name: "CROWN HOLDINGS, INC."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:01:52.957419+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crown Holdings adopts shareholder rights plan after Carl Icahn accumulates 8.5% stake

## Summary
- Carl Icahn filed Schedule 13D on Nov 3 disclosing ~8.5% beneficial ownership and HSR notice to acquire up to 20% of CCK.
- Board unanimously adopted a limited-duration rights plan with a 10% trigger, effective immediately and expiring Nov 6, 2023.
- Existing holders at or above 10% are grandfathered but trigger rights if they increase ownership by 0.5% or more.
- Each right entitles holder (other than the triggering person) to buy CCK common stock valued at twice the $300 exercise price.
- Rights plan aims to prevent open-market accumulation without paying all shareholders an appropriate control premium.

## SEC filing metadata
- accession: 0001193125-22-278631
- form_type: 8-K
- ticker: CCK
- cik: 0001219601
- company_name: CROWN HOLDINGS, INC.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1219601/000119312522278631/0001193125-22-278631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1219601/000119312522278631/d400387d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-278631
- JSON: https://secwatch.observer/filing/0001193125-22-278631.json
- Plain text: https://secwatch.observer/filing/0001193125-22-278631.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.