NOVAES DJALMA JR

Crown Holdings COO Novaes sold 29,734 shares at $114.80, reducing stake by 25.2%; stock now at $115.85, near 52-week high.

Djalma Novaes Jr., EVP & COO of Crown Holdings, executed a substantial sale of 29,734 shares at $114.80 on February 23, 2026, reducing his post-transaction holdings to 88,052 shares, a 25.2% reduction from his prior 117,786-share position. The sale was priced below the current $115.85 market level and coincides with the stock trading at its 52-week high of $115.85, having appreciated 11.5% over the prior 30 days and 19.5% over 90 days. His cross-ticker track record shows only 1 prior open-market sale with an average 30-day return of +3.7%, while his single prior CCK transaction (a December 2025 sale) yielded a 30-day return of +3.7%. The company's recent financials show $3.2B quarterly revenue, $214.0M net income, and a P/E of 14.13, with annual revenue contracting 1.7% year-over-year. The timing of this large stake reduction during a period of elevated stock momentum and modest revenue headwinds merits investor attention to understand the executive's rationale.

EVP & COO Novaes sells 19,754 CCK shares for $2.0M at $101.02; retains 96,841 shares (-16.9% reduction).

NOVAES DJALMA JR, as EVP & COO, sold 19,754 shares of Crown Holdings for a total value of $1,995,549.08 at $101.02 per share on 2025-12-16, reducing his holdings from 116,595 shares to 96,841 shares. The sale represents a 16.9% reduction in his pre-transaction holdings. Crown's current price of $104.30 is -3.5% from its 52-week high of $108.12 and the stock has posted a +9.8% gain over the past 30 days and +9.5% over 90 days, recently performing well. The company's fundamentals show a P/E of 12.72 and a market cap of $12,030,785,344.20, though annual revenue growth is -1.7% and net income is $214,000,000.00 on revenue of $3,202,000,000.00. The transaction appears discretionary; absent disclosure of a 10b5-1 plan or other scheduled arrangement, the specific timing and scale of this disposition relative to recent stock momentum should be monitored.