Form 4: Crane Co Executive Vice President Anthony M. D'Iorio Reports Stock Transactions
SEC Form 4 Filing
Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co, reports the vesting of restricted share units and subsequent disposition of shares to cover tax obligations.
Summary
- On February 12, 2025, Anthony M. D'Iorio, an Executive Vice President, General Counsel & Secretary at Crane Co, had 450 restricted share units vest.
- These units converted into common stock on a one-for-one basis.
- Following the vesting, D'Iorio disposed of 231 shares to cover tax obligations at a price of $172 per share.
- After these transactions, D'Iorio directly owns 29,731 shares of Crane Co common stock and 4,154 restricted share units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, with no indication of positive or negative sentiment. It reflects standard executive compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of restricted share unit vesting and stock disposition |
| 02/14/2025 | Date of signature on the Form 4 filing |
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