CR.NYSECrane CO

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

Sentiment:

SEC Filing


Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co, reports the vesting and subsequent sale of common stock and restricted share units.

Summary

  • On April 26, 2024, Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co, reported transactions involving Crane Co common stock and restricted share units.
  • 1,311 Restricted Share Units vested and converted into common stock.
  • 608 shares were disposed of at a price of $143.98 per share to cover tax obligations.
  • Following these transactions, Polmanteer directly owns 2,707 shares of common stock and 4,191 Restricted Share Units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like Tamara S. Polmanteer, buy or sell their company's stock. These filings provide transparency into the transactions of company executives and directors, allowing investors to see if those with inside knowledge of the company are increasing or decreasing their positions.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the company's outstanding shares.
  • The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
04/26/2024Date of the reported transactions (vesting of Restricted Share Units and sale of common stock).

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