<SEC-DOCUMENT>0001437749-25-000573.txt : 20250107
<SEC-HEADER>0001437749-25-000573.hdr.sgml : 20250107
<ACCEPTANCE-DATETIME>20250107092800
ACCESSION NUMBER:		0001437749-25-000573
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250103
FILED AS OF DATE:		20250107
DATE AS OF CHANGE:		20250107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DONAHUE TIMOTHY J
		CENTRAL INDEX KEY:			0001201199
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41550
		FILM NUMBER:		25513615

	MAIL ADDRESS:	
		STREET 1:		C/O CROWN HOLDINGS, INC
		STREET 2:		14025 RIVEREDGE DRIVE, SUITE 300
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33637

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CROWN HOLDINGS, INC.
		CENTRAL INDEX KEY:			0001219601
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL CANS [3411]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				753099507
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		14025 RIVEREDGE DRIVE, SUITE 300
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33637
		BUSINESS PHONE:		2156985100

	MAIL ADDRESS:	
		STREET 1:		14025 RIVEREDGE DRIVE, SUITE 300
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33637

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CROWN HOLDINGS INC
		DATE OF NAME CHANGE:	20030221
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4 - TDONAHUE
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-01-03</periodOfReport>

    <issuer>
        <issuerCik>0001219601</issuerCik>
        <issuerName>CROWN HOLDINGS, INC.</issuerName>
        <issuerTradingSymbol>CCK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001201199</rptOwnerCik>
            <rptOwnerName>DONAHUE TIMOTHY J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HIDDEN RIVER CORPORATE CENTER TWO</rptOwnerStreet1>
            <rptOwnerStreet2>14025 RIVEREDGE DRIVE, SUITE 300</rptOwnerStreet2>
            <rptOwnerCity>TAMPA</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33637</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <officerTitle>President &amp; CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <transactionDate>
                <value>2025-01-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>105157</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>544365</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <transactionDate>
                <value>2025-01-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>11122</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>80.11</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>533243</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <transactionDate>
                <value>2025-01-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>21123</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>512120</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>770</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By 401(k) Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Person was granted 105,157 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 36,256 time-vested restricted shares vest over a three year period as follows:  12,086 time-vested restricted shares on January 5, 2026, 12,085 time-vested restricted shares on January 4, 2027 and January 3, 2028, respectively.  32,215 performance-based restricted shares are targeted to vest on January 3, 2028 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 32,215.  36,686 performance-based restricted shares are targeted to vest on January 3, 2028 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 36,686.</footnote>
        <footnote id="F2">Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.</footnote>
        <footnote id="F3">At December 31, 2024, the Reporting Person owned 770 shares of CCK Common Stock under the CCK 401(k) Plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Rosemary Haselroth, by Power of Attorney</signatureName>
        <signatureDate>2025-01-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
