Form 4: Crane Co. Officer Reports Stock Transactions
SEC Form 4 Filing
Marijane V. Papanikolaou, V.P. Controller & CAO of Crane Co., reports the acquisition and disposal of common stock and restricted share units.
Summary
- On April 24, 2024, Marijane V. Papanikolaou, V.P. Controller & CAO of Crane Co., reported transactions involving Crane Co. common stock and restricted share units.
- 508 shares of common stock were acquired through the conversion of restricted share units.
- 236 shares were disposed of to cover tax obligations at a price of $138.11 per share.
- Following these transactions, Papanikolaou directly owns 272 shares of common stock and 1,926 restricted share units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, as required by the SEC. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small fraction of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of earliest transaction: Acquisition of 508 shares of common stock and disposal of 236 shares. |
| 04/26/2024 | Date of signature by Attorney In Fact, Julie A. Constantinides. |
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