Form 4: Crane Co. Executive Max Mitchell Reports Stock Transactions
SEC Form 4 Filing
Max 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 12, 2025, Max Mitchell, Chairman, President, and CEO of Crane Co., reported transactions involving Crane Co. common stock.
- 2,259 restricted share units vested, converting into common stock on a one-for-one basis.
- Mitchell disposed of 1,047 shares to cover tax obligations at a price of $172 per share.
- Following these transactions, Mitchell directly owns 391,351 shares of Crane Co. common stock and 21,097 restricted share units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of the reported transactions: vesting of restricted share units and disposition of shares. |
| 02/14/2025 | Date of signature by Attorney In Fact, Julie A. Constantinides. |
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