Form 4: Crane Co Director Susan D. Lynch Reports Acquisition of Deferred Stock Units

Director Susan D. Lynch reported the acquisition of 711 Deferred Stock Units in Crane Co, convertible to common stock upon separation from service.

Summary

• On August 5, 2024, Susan D. Lynch, a director of Crane Co, acquired 711 Deferred Stock Units.
• These units convert into common stock on a one-for-one basis upon separation from service on the Board of Directors.
• The Deferred Stock Units are forfeited if the director separates before the earlier of one year from the grant date or the date of the next annual shareholder meeting.
• The price of the derivative security is $0.
• Following the transaction, Ms. Lynch directly owns 711 Deferred Stock Units.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reports a standard transaction of deferred stock units, which is a common form of compensation for directors.

Industry Context

This filing is a routine disclosure related to insider transactions, common for directors and officers of publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence as it reflects the director's continued investment in the company.

Key Dates