Form 4: Crane Co. Director Jennifer Pollino Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Jennifer Pollino reports acquiring deferred stock units in Crane Co., increasing her beneficial ownership.
Summary
- On April 22, 2024, Jennifer Pollino, a director of Crane Co., acquired 1,071 deferred stock units.
- These deferred stock units convert into common stock on a one-for-one basis upon separation from service on the Board of Directors.
- An additional 145 deferred stock units were acquired as accumulated dividends.
- Following these transactions, Pollino's direct ownership increased to 21,877 deferred stock units.
- The price of the deferred stock units was $0.
- The reporting person has signed the document on April 24, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey strong positive or negative sentiment.
Positives
- Increased holdings by a director can sometimes signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of transaction: Acquisition of deferred stock units and accumulated dividends. |
| 04/24/2024 | Date of signature by Attorney In Fact, Julie A. Constantinides. |
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