CR.NYSECrane CO

Form 4: Crane Co Executive VP & CFO Richard A. Maue Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Richard A. Maue, Executive VP & CFO of Crane Co, reports the disposition and acquisition of common stock and derivative securities related to performance-based restricted share units.

Summary

  • On January 27, 2025, Richard A. Maue, the Executive VP & CFO of Crane Co, reported transactions involving Crane Co common stock.
  • These transactions included the disposition of 4,732 shares at a price of $161.68 and the acquisition of 10,211 shares.
  • Maue also disposed of 6,390 derivative securities related to 2022 Performance-Based Restricted Share Units (RSUs).
  • Following these transactions, Maue directly owns 82,182 shares of Crane Co common stock and indirectly owns 1,783 shares through a 401(k).
  • The 2022 Performance-Based RSUs were converted into the right to receive 1.598 shares of common stock per RSU.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities. This filing indicates transactions by a key executive at Crane Co, which can be relevant to investors monitoring insider sentiment.

Comparison to Industry Standards

  • Form 4 filings are a standard practice across publicly traded companies, including competitors of Crane Co, such as ITT Inc., Roper Technologies, and Fortive Corporation.
  • These companies' executives also regularly file Form 4s to report their transactions in company stock.
  • The specifics of the transactions (e.g., number of shares, price) are unique to each individual and company, reflecting their compensation structures and investment decisions.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the executive's holdings and trading activity.
  • The filing ensures transparency and compliance with SEC regulations.

Key Dates

DateDescription
01/27/2025Date of earliest transaction and conversion of Performance-Based RSUs.
01/29/2025Date of signature by Attorney In Fact, Julie A. Constantinides.

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