Form 4: Crane Co. Exec. VP Vests RSUs, Sells Shares for Tax
Insider Transaction Report
Tamara S. Polmanteer, Crane Co.'s Executive Vice President and CHRO, reported the vesting of Restricted Share Units and subsequent sale of common stock to cover tax obligations.
Summary
- Tamara S. Polmanteer, Executive Vice President and CHRO of Crane Co. (CR), reported transactions involving the company's common stock.
- On February 6, 2026, 313 Restricted Share Units (RSUs) vested, converting into 313 shares of common stock.
- Concurrently, 146 shares of common stock were disposed of at a price of $187.78 per share to cover tax withholding obligations related to the RSU vesting.
- On February 7, 2026, an additional 369 Restricted Share Units (RSUs) vested, converting into 369 shares of common stock.
- Following this, 171 shares of common stock were disposed of at a price of $196.22 per share to cover tax withholding obligations for the second vesting event.
- After these transactions, Ms. Polmanteer beneficially owns 8,605 shares of common stock directly and 2,153 Restricted Share Units indirectly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While there's a sale of shares, it's for tax purposes related to RSU vesting, which aligns executive incentives with long-term company performance. It's a routine, expected transaction.
Positives
- The vesting of Restricted Share Units (RSUs) aligns executive compensation with long-term shareholder value, as RSUs convert to common stock on a one-for-one basis.
- The increase in direct common stock ownership (before tax-related sales) demonstrates continued executive interest in the company's performance.
Negatives
- The disposal of 317 shares (146 + 171) of common stock, while for tax withholding purposes, reduces the direct beneficial ownership of the executive.
Future Outlook
The filing indicates that Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date, suggesting future vesting events are scheduled as part of the executive compensation plan.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as RSU vesting and subsequent tax-related sales, are common across industries as part of executive compensation structures. These transactions typically reflect pre-scheduled events rather than discretionary trading based on new material information.
Stakeholder Impact
- Shareholders: The vesting and conversion of RSUs into common stock can lead to minor dilution, but the alignment of executive incentives with shareholder interests is generally viewed positively.
- Employees: This transaction is specific to an executive's compensation and does not directly impact the broader employee base, though it reflects standard executive compensation practices.
Next Steps
- Future vesting of remaining Restricted Share Units as per the established schedule.
Key Dates
| Date | Description |
|---|---|
| 02/06/2026 | Vesting of 313 Restricted Share Units and disposal of 146 common shares for tax withholding. |
| 02/07/2026 | Vesting of 369 Restricted Share Units and disposal of 171 common shares for tax withholding. |
| 02/10/2026 | Date of filing of the Statement of Changes in Beneficial Ownership. |
Keywords
Crane Co., CR, Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Executive Compensation, Common Stock, Tamara S. Polmanteer
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