secwatch.observer — SEC 8-K summary
======================================

Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001193125-23-051003
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane Holdings appoints Christina Cristiano as CFO of Crane NXT ahead of April 3 separation
--------------------------------------------------------------------------------

- Christina Cristiano, 50, appointed SVP and CFO of Crane NXT, effective upon separation.
- She previously served as VP, Controller and Chief Accounting Officer at Crane since 2019.
- Annual base salary of $450,000; target annual incentive 70% of base, capped at 200% of target.
- Receives true-up equity award of $650,000 upon separation, plus $250,000 annual equity award from Feb 2023.
- Separation of Crane into two public companies expected on April 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000119312523051003/0001193125-23-051003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000119312523051003/d452485d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-051003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer