Form 4: Crane Co. Executive Jason D. Feldman Reports Transaction in Company Stock
SEC Form 4 Filing
SVP, IR, Treasury & Tax of Crane Co., Jason D. Feldman, reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On April 20, 2024, Jason D. Feldman, SVP, IR, Treasury & Tax of Crane Co., reported a transaction involving Crane Co. common stock.
- 161 Restricted Share Units (RSUs) converted into common stock.
- 83 shares were disposed of to cover tax obligations at a price of $129.48 per share.
- Following these transactions, Feldman directly owns 8,639 shares of common stock and 6,109 Restricted Share Units.
- Feldman has granted power of attorney to Anthony M. DIorio and Julie A. Constantinides to handle Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to insider transactions. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 2024-04-01 | Date of Power of Attorney execution |
| 2024-04-20 | Date of transaction: vesting of restricted share units and tax withholding |
| 2024-04-23 | Date of signature on the report |
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