Form 4: Crane Co. Executive Max H. Mitchell Reports Stock Transactions

Max H. Mitchell, Chairman, President, and CEO of Crane Co., reports the vesting of restricted share units and subsequent disposition of shares to cover tax obligations.

Summary

• On February 7, 2025, Max H. Mitchell, Chairman, President, and CEO of Crane Co., reported transactions involving Crane Co. common stock.
• 2,635 restricted share units vested, converting into common stock on a one-for-one basis.
• Simultaneously, 1,222 shares were disposed of to cover tax obligations at a price of $172.79 per share.
• Following these transactions, Mitchell directly owns 390,139 shares of Crane Co. common stock and 16,151 restricted share units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Crane Co, Max H. Mitchell, Restricted Share Units, Form 4, Beneficial Ownership, Stock Transactions, Vesting, Tax Obligations