Form 4: Crane Co Executive VP Anthony D'Iorio Reports Share Unit Vesting

Anthony M. D'Iorio, Executive VP, 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 7, 2025, Anthony M. D'Iorio, an Executive VP, General Counsel & Secretary at Crane Co, reported a transaction involving restricted share units.
• 491 restricted share units vested, converting into common stock on a one-for-one basis.
• Following the vesting, 252 shares were disposed of to cover tax obligations at a price of $172.79 per share.
• After the reported transactions, D'Iorio directly owns 29,512 shares of Crane Co common stock and 3,235 restricted share units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the holdings and transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The vesting schedule of the Restricted Share Units is typical, vesting ratably in four equal installments beginning on the first anniversary of the grant date.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine vesting and tax-related sale.

Key Dates