Crane Company (NYSE: CR) investors reelect board, ratify auditors and approve pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Crane Company reported the results of its Annual Meeting of Stockholders held on April 27, 2026. Stockholders elected nine directors, including Martin R. Benante, Sanjay Kapoor, and Max H. Mitchell, each receiving roughly 49 million votes for, with about 3 million broker non-votes recorded for every nominee.
Stockholders also ratified Deloitte & Touche LLP as the Company’s independent auditors for 2026, with 51,933,990 votes for and 474,412 against. In addition, they approved, on a non-binding advisory basis, the compensation of the named executive officers, with 48,555,251 votes for and 813,692 against.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Deloitte & Touche LLP: 51,933,990 votes
Votes for say-on-pay approval: 48,555,251 votes
Broker non-votes on director elections: 2,974,070 votes
+3 more
6 metrics
Votes for Deloitte & Touche LLP
51,933,990 votes
Ratification as independent auditors for 2026
Votes for say-on-pay approval
48,555,251 votes
Advisory vote on named executive officer compensation
Broker non-votes on director elections
2,974,070 votes
For each of nine director nominees
Votes for Martin R. Benante
49,128,466 votes
Election as director until 2027 Annual Meeting
Votes for James L.L. Tullis
49,139,544 votes
Election as director until 2027 Annual Meeting
Votes against auditors
474,412 votes
Opposing ratification of Deloitte & Touche LLP for 2026
Key Terms
Annual Meeting of Stockholders, broker non-votes, non-binding advisory basis, named executive officers
4 terms
Annual Meeting of Stockholders regulatory
"Crane Company (the “Company”) held its Annual Meeting of Stockholders on April 27, 2026"
broker non-votes financial
"Broker non-votes | 2,974,070"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory basis regulatory
"The stockholders approved, on a non-binding advisory basis, the compensation"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
named executive officers financial
"the compensation of the named executive officers as disclosed in the Company’s definitive proxy statement"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
FAQ
What corporate actions did Crane Company (CR) stockholders approve at the April 27, 2026 meeting?
Crane Company stockholders elected nine directors, ratified Deloitte & Touche LLP as independent auditors for 2026, and approved, on a non-binding advisory basis, the compensation of named executive officers, as described in the definitive proxy statement filed on March 13, 2026.
How strong was stockholder support for Crane Company (CR) director elections in 2026?
Support for Crane Company’s directors was high, with each of the nine nominees receiving about 49 million votes for. Broker non-votes totaled 2,974,070 for every nominee, indicating broad approval among voting stockholders for the current board slate.
Did Crane Company (CR) stockholders ratify Deloitte & Touche LLP as 2026 auditors?
Yes, stockholders ratified Deloitte & Touche LLP as Crane Company’s independent auditors for 2026, with 51,933,990 votes for, 474,412 votes against, and 60,261 abstentions, and no broker non-votes recorded on this proposal.
How did Crane Company (CR) investors vote on executive compensation in 2026?
Stockholders approved the compensation of Crane Company’s named executive officers on a non-binding advisory basis, casting 48,555,251 votes for, 813,692 votes against, and 125,650 abstentions, with 2,974,070 broker non-votes on the say-on-pay proposal.
When was Crane Company’s (CR) 2026 Annual Meeting of Stockholders held?
Crane Company held its 2026 Annual Meeting of Stockholders on April 27, 2026. At this meeting, investors elected nine directors, ratified Deloitte & Touche LLP as auditors, and approved the advisory vote on executive compensation disclosed in the March 13, 2026 proxy statement.