Form 4: Crane Co Executive Reports Stock Transactions
SEC Form 4 Filing
Tamara S. Polmanteer, an Executive Vice President & CHRO at Crane Co, reported the vesting of restricted share units and subsequent disposition of shares to cover tax obligations.
Summary
- On February 7, 2025, Tamara S. Polmanteer, an Executive Vice President & CHRO of Crane Co, reported transactions involving the company's common stock.
- 369 Restricted Share Units vested, converting into common stock on a one-for-one basis.
- Following the vesting, 171 shares were disposed of to cover tax obligations at a price of $172.79 per share.
- After these transactions, Polmanteer directly owns 5,552 shares of Crane Co common stock and 3,509 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, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of vesting of Restricted Share Units and stock disposition. |
| 02/11/2025 | Date of signature on the report. |
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