Form 4: Crane Co. SVP Feldman Receives Equity Awards

Crane Co.'s SVP of Investor Relations, Treasury & Tax, Jason D. Feldman, was granted performance-based RSUs, stock options, and restricted share units on February 9, 2026.

Summary

• Jason D. Feldman, SVP, IR, Treasury & Tax at Crane Co., received equity awards on February 9, 2026.
• Awards include 625 Performance-Based Restricted Share Units (RSUs), which can convert into between zero and 2.00 shares of common stock per unit, vesting on December 31, 2028, based on performance criteria and continued employment.
• He also received 709 Employee Stock Options with an exercise price of $199.99, vesting 25% annually over four years, and expiring on February 9, 2036.
• Additionally, 313 Restricted Share Units were granted, converting one-for-one into common stock and vesting ratably over four years.
• Following these transactions, Feldman beneficially owns 625 Performance-Based RSUs, 709 Employee Stock Options, and a total of 3,103 Restricted Share Units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting standard executive compensation practices that align management incentives with shareholder interests, without indicating any significant operational or financial changes.

Positives

• The granting of equity awards aligns management's interests with those of shareholders, incentivizing long-term performance.
• Performance-based RSUs tie a portion of compensation directly to the company's achievement of specific financial criteria, promoting accountability.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to individual executive compensation.

Industry Context

StockSavvy.ai notes that the granting of equity compensation, including performance-based awards, stock options, and restricted share units, is a standard practice across various industries to attract, retain, and incentivize key executives, aligning their financial interests with long-term company performance and shareholder value creation.

Comparison to Industry Standards

• The structure of these equity awards, including multi-year vesting schedules and performance-based components, is consistent with common executive compensation practices observed in industrial manufacturing companies like Crane Co.
• Comparable companies such as Parker-Hannifin (PH), Dover Corporation (DOV), and Illinois Tool Works (ITW) frequently utilize similar long-term incentive plans to motivate their senior leadership.

Related Party Transactions

• The filing details equity awards granted to Jason D. Feldman, an SVP of Crane Co., which are considered related party transactions as they involve compensation from the company to a key executive.

Stakeholder Impact

• Shareholders: The grants align management's incentives with shareholder value creation, potentially leading to better long-term performance. Dilution from future share issuance upon vesting/exercise is a minor consideration.
• Employees: No direct impact on general employees is indicated, but it reflects the company's executive compensation strategy.
• Management: Jason D. Feldman benefits directly from the potential value of these equity awards, contingent on company performance and continued employment.

Next Steps

• Vesting of Employee Stock Options will occur 25% annually on the first, second, third, and fourth anniversaries of the grant date (February 9, 2026).
• Restricted Share Units will vest ratably in four equal installments beginning on the first anniversary of the grant date (February 9, 2026).
• 2026 Performance-Based RSUs will vest on December 31, 2028, subject to performance criteria and continued employment.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation grants and does not provide new information that would significantly alter the investment thesis for Crane Co. The grants align management incentives, which is a positive, but do not warrant a change in recommendation based solely on this filing.

Keywords

Crane Co, CR, Jason D. Feldman, Insider Transaction, Equity Awards, Restricted Stock Units, Stock Options, Performance-Based RSUs, Executive Compensation