Crane NXT Co. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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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 | ||