Form 4: Crawford United Corp Director Matthew V. Crawford Reports Share Grant
SEC Form 4
Director Matthew V. Crawford reports receiving 1,250 Class A Common Shares from Crawford United Corporation's 2023 Omnibus Equity Plan.
Summary
- On January 27, 2025, Matthew V. Crawford, a director and 10% owner of Crawford United Corp, reported a transaction involving Class A Common Shares.
- Crawford acquired 1,250 Class A Common Shares through a grant under the company's 2023 Omnibus Equity Plan at a price of $0.
- Following the transaction, Crawford directly owns 39,250 Class A Common Shares.
- Crawford also indirectly owns 911,250 Class A Common Shares and 433,750 Class B Common Shares through First Francis Company, Inc., and 336,204 Class A Common Shares and 85,000 Class B Common Shares through Three Bears Trust.
- Crawford disclaims beneficial ownership of shares held by First Francis Company, Inc. and Three Bears Trust, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of insider transactions.
Positives
- The grant of shares to a director aligns their interests with those of the shareholders.
- The 2023 Omnibus Equity Plan is being utilized to incentivize key personnel.
Industry Context
This is a standard disclosure related to insider transactions and equity compensation, common in publicly traded companies.
Stakeholder Impact
- The share grant could have a minor positive impact on shareholder sentiment as it aligns management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of transaction: Grant of Class A Common Shares |
| 01/29/2025 | Date of Form 4 signature |
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