Form 4: Crane Co Executive Vice President Tamara S. Polmanteer Reports Stock Vesting and Tax Withholding
SEC Form 4
Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co, reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On February 6, 2025, Tamara S. Polmanteer, Executive Vice President & CHRO of Crane Co, had 313 restricted share units vest.
- These units converted into common stock on a one-for-one basis.
- Following the vesting, 146 shares were withheld to cover tax obligations at a price of $173.23 per share.
- After these transactions, Polmanteer directly owns 5,354 shares of Crane Co common stock and 3,878 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting routine executive compensation practices. It doesn't indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
- It provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of vesting of restricted share units and tax withholding. |
| 02/10/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Crane Co, CR, Tamara S. Polmanteer, Restricted Share Units, Vesting, Tax Withholding, Executive Compensation, Insider Trading
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