Form 4: Crane Co Executive Exercises Restricted Share Units
SEC Form 4 Filing
Alejandro Alcala, Executive VP & Chief Operating Officer of Crane Co, reports the vesting and conversion of restricted share units into common stock.
Summary
- On February 12, 2025, Alejandro Alcala, Executive VP & Chief Operating Officer of Crane Co, exercised 500 restricted share units.
- These units converted into 500 shares of common stock.
- Alcala also disposed of 197 shares to cover tax obligations at a price of $172 per share.
- Following these transactions, Alcala directly owns 33,526 shares of Crane Co common stock and 5,401 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of standard executive compensation activity. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: Exercise of restricted share units and disposal of shares for tax obligations. |
| 02/14/2025 | Date of signature on the Form 4 filing. |
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