CR insider files Form 144 for 20,791 shares after option exercise
Rhea-AI Filing Summary
Crane Company (CR) filing a Form 144 reports a proposed sale of 20,791 common shares on the NYSE through Charles Schwab & Co. The filing shows an aggregate market value of $4,007,262 against 57,546,840 shares outstanding, with the proposed sale date of 08/25/2025. The shares were acquired on 08/25/2025 via an employee stock option exercise from Crane Company and were paid through a broker cashless exercise. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information is known. The notice includes the standard representation about trading plans and the criminal penalties for misstatement.
Positive
- Transparent compliance: The Form 144 clearly discloses the number of shares, acquisition method, broker, sale date, and aggregate value, meeting Rule 144 requirements
Negative
- None.
Insights
TL;DR: Routine insider post-exercise disposition; size is immaterial relative to shares outstanding.
The Form 144 documents a proposed sale of 20,791 shares following an employee stock option exercise and a broker cashless settlement. The transaction size is approximately 0.036% of the reported 57,546,840 shares outstanding, indicating limited direct impact on supply or market valuation. Disclosure is timely and consistent with Rule 144 requirements; no prior sales in the last three months were reported, which aligns with typical cliffed or periodic disposition behavior after option exercises. This filing should be viewed as procedural rather than a signal of company-specific fundamental change.
TL;DR: Compliance-focused filing showing standard insider exercise and disposition; governance disclosure appears complete.
The notice discloses the source of the shares (employee stock option exercise) and the cashless exercise method, and it includes the representation regarding material nonpublic information and possible 10b5-1 plans. These elements meet Rule 144 disclosure expectations and support transparency around insider transactions. Given the small proportion of outstanding shares involved, the filing does not indicate material governance concerns or a change in insider ownership concentration.