Form 4: Crane Harbor Acquisition Corp. Director William Fradin Reports Transaction in Class A Ordinary Shares

Director William Fradin reports acquisition and disposal of Class A Ordinary Shares and related derivative securities through Crane Harbor Sponsor LLC.

Summary

• On April 28, 2025, William Fradin, Chief Executive Officer and Director of Crane Harbor Acquisition Corp., reported transactions involving Class A Ordinary Shares and related derivative securities.
• Fradin, through Crane Harbor Sponsor LLC, acquired 20,000 Class A Ordinary Shares at $10 each, underlying placement units.
• He also reported the forfeiture and cancellation of 333,334 Class B Ordinary Shares due to the underwriters' over-allotment option not being fully exercised.
• Fradin indirectly holds 420,000 Class A Ordinary Shares and rights to receive Class A Ordinary Shares through Crane Harbor Sponsor LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Negatives

• 333,334 Class B Ordinary Shares were forfeited and cancelled because the underwriters' over-allotment option was not fully exercised.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Class A Ordinary Shares, Class B Ordinary Shares, Crane Harbor Acquisition Corp., William Fradin, Form 4, Beneficial Ownership, Derivative Securities, Transaction