Form 4: Crane Co Executive Exercises Restricted Share Units
SEC Form 4 Filing
Richard A. Maue, Executive VP & CFO of Crane Co, reports the vesting and disposal of restricted share units, resulting in adjustments to his beneficial ownership of common stock.
Summary
- On February 7, 2025, Richard A. Maue, the Executive VP & CFO of Crane Co, executed transactions involving restricted share units.
- 799 Restricted Share Units vested and were converted into common stock.
- Mr. Maue disposed of 371 shares to cover tax obligations at a price of $172.79 per share.
- Following these transactions, Mr. Maue directly owns 82,974 shares of Crane Co common stock and 4,761 restricted share units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports routine insider transactions related to equity compensation.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving equity compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: vesting of restricted share units and disposal of shares for tax obligations. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Crane Co, Richard A. Maue, Restricted Share Units, Beneficial Ownership, Insider Trading
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