Form 4: Crane Co Executive VP Richard Maue Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CFO of Crane Co, Richard A. Maue, reports the vesting of restricted share units and subsequent disposition of shares to cover tax obligations.
Summary
- Richard A. Maue, Executive VP & CFO of Crane Co, filed a Form 4 on February 14, 2025.
- The report details transactions occurring on February 12, 2025.
- 651 Restricted Share Units vested and converted into common stock.
- Maue disposed of 302 shares to satisfy tax obligations at a price of $172 per share.
- Following these transactions, Maue directly owns 83,323 shares of Crane Co common stock.
- He also directly owns 6,055 Restricted Share Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax obligation fulfillment.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the company's outstanding shares.
- The transactions reflect part of the executive compensation plan.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock transactions: vesting of Restricted Share Units and disposition of shares for tax obligations. |
| 02/14/2025 | Date of Form 4 filing. |
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