Form 4: Crane Co Executive Vice President Richard A. Maue Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CFO of Crane Co, Richard A. Maue, reports the vesting of restricted share units and subsequent disposition of shares to cover tax obligations.
Summary
- Richard A. Maue, Executive VP & CFO of Crane Co, reported transactions involving common stock and restricted share units on February 6, 2025.
- 679 Restricted Share Units vested, converting into common stock at a price of $0.
- Following the vesting, 315 shares were disposed of at a price of $173.23 to cover tax obligations.
- After these transactions, Maue directly owns 82,546 shares of Crane Co common stock and 5,560 Restricted Share Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent routine insider trading activity related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transactions: vesting of restricted share units and disposition of shares. |
| 02/10/2025 | Date of signature on the report. |
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