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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

____________________________

 

FORM 8-K

____________________________

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act Of 1934

 

Date of Report (Date of earliest event reported): March 6, 2026

____________________________

 

CRANE NXT, CO.
(Exact name of registrant as specified in its charter)

____________________________

 

DELAWARE
(State or other jurisdiction of incorporation)

 

Delaware

1-1657

88-0706021 

(State or other jurisdiction of
incorporation or organization) 

(Commission File Number)

 

(I.R.S. Employer
Identification No.) 

950 Winter Street 4th Floor North

Waltham MA 

02451

 

(Address of Principal Executive
Offices) 

 

(Zip Code) 

 

Registrant’s telephone number, including area code: 781-755-6868

 

N/A 

(Former name or former address, if changed since last report)

____________________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading
Symbol
Name of each exchange
on which registered
Common Stock, par value $1.00 CXT New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

Section 5 - Corporate Governance and Management

 

Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On March 9, 2026, the Board of Directors (the “Board”) of Crane NXT, Co. (the “Company”) appointed Jeffrey Benck to serve as a director of the Board, effective immediately, for a term expiring at the next Annual Meeting and until his successor is duly elected and qualified. The Company has nominated Mr. Benck for election to the Board at the 2026 Annual Meeting of Stockholders (the “Annual Meeting”).

 

Mr. Benck’s compensation will be consistent with the Company’s previously disclosed director compensation program for non-employee directors, which is described in the Company’s most recent proxy statement filed with the Securities and Exchange Commission on April 8, 2025, under the heading “Director Compensation Program” (as such program has been updated from time to time). Mr. Benck’s compensation will be prorated to reflect the commencement date of his Board service. In addition, the Company and Mr. Benck will enter into an indemnification agreement substantially in the form filed as Exhibit 10(iii)(g) to the Company's Annual Report on Form 10-K for the period ended December 31, 2025.

 

There were no arrangements or understandings pursuant to which Mr. Benck was elected as director, and there are no related party transactions between the Company and Mr. Benck that would be reportable under Item 404(a) of Regulation S-K.

 

On March 6, 2026, James L.L. Tullis, a current director of the Board, notified the Board that he will not stand for reelection at the Company’s 2026 Annual Meeting. Accordingly, Mr. Tullis will cease to serve as a director of the Company at the conclusion of the Annual Meeting scheduled for May 21, 2026.

 

A copy of the Company’s press release announcing the appointment of Mr. Benck to, and the departure of Mr. Tullis from, the Board is attached hereto as Exhibit 99.1.

 

Section 9 - Financial Statements and Exhibits

 

Item 9.01   Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No. Description of Exhibit
99.1 Press Release dated March 12, 2026, issued by Crane NXT, Co.
101 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

March 12, 2026

 

  CRANE NXT, CO.
   
   
  By: /s/ Paul G. Igoe
    Name:  Paul G. Igoe
    Title:    Senior Vice President, General Counsel and Secretary