Form 4: Crane Co. Executive Tamara S. Polmanteer Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President & CHRO of Crane Co., Tamara S. Polmanteer, reports acquisition of performance-based RSUs, stock options, and restricted share units.
Summary
- Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co., filed a Form 4 on February 12, 2025.
- The report details transactions from February 10, 2025, including the acquisition of 1,873 performance-based restricted stock units (RSUs), 2,118 employee stock options, and 937 restricted share units.
- The performance-based RSUs vest on December 31, 2027, contingent on Crane Company's stock performance over the three years ending on that date and continued employment.
- The stock options become exercisable in installments over four years from the grant date.
- Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and potential incentives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of earliest transaction: Acquisition of performance-based RSUs, stock options, and restricted share units. |
| 02/12/2025 | Date of Form 4 filing. |
| 12/31/2027 | Vesting date for 2025 Performance-Based RSUs, contingent on performance criteria and continued employment. |
| 02/10/2035 | Expiration date for Employee Stock Options (Right to Buy). |
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