CR.NYSECrane CO

Form 4: Crane Co. Executive Vice President Tamara S. Polmanteer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co., reports the vesting and disposition of performance-based restricted stock units and related stock sales.

Summary

  • On January 27, 2025, Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co., reported transactions involving Crane Co. common stock.
  • Specifically, 4,713 shares were acquired upon the vesting of performance-based restricted stock units (RSUs).
  • Also on January 27, 2025, 2,233 shares were disposed of at a price of $161.68 per share.
  • Following these transactions, Polmanteer directly owns 5,187 shares of Crane Co. common stock.
  • The vesting of the 2022 Performance-Based RSUs resulted in each RSU converting into the right to receive 1.598 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral 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 may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The transactions are part of the executive's compensation package, impacting their personal financial situation.

Key Dates

DateDescription
01/27/2025Date of earliest transaction: vesting of performance-based restricted stock units and related stock sales.
01/29/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.