Form 4: Crane Co. Director James L. Tullis Reports Share Disposals

Director James L. Tullis of Crane Co. reported the disposal of 171 common shares on November 13, 2024, while also holding shares indirectly through a 401(k) and a family trust.

Summary

• James L. Tullis, a director at Crane Co., reported a transaction involving the company's common stock.
• On November 13, 2024, Mr. Tullis disposed of 171 shares of common stock at a price of $0.
• Following this transaction, Mr. Tullis directly owns 4,809 shares.
• He also indirectly owns 414 shares through a 401(k) and 585 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction by a company director. It does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for company insiders when they trade company stock. It is a normal part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The reporting requirements are consistent across all companies and are designed to ensure transparency in insider trading activities.
• Similar filings would be expected from directors and officers of comparable companies such as ITT Inc. and Parker Hannifin.

Stakeholder Impact

• This transaction has a minimal impact on stakeholders as it is a small disposal of shares by a director.
• The filing ensures transparency for shareholders regarding insider trading activities.

Key Dates

Keywords

Crane Co, insider trading, Form 4, share disposal, director, James L. Tullis, common stock, beneficial ownership