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Crane Co lead director to leave after 2027 meeting

The Board plans to begin identifying a successor to the Lead Independent Director role after Mr. Tullis’s retirement.

(High)

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Form Type
8-K

Rhea-AI Filing Summary

Crane Co (CR) said its Board accepted Lead Independent Director James L. L. Tullis’s resignation under the company’s retirement policy for directors. His resignation will take effect at the conclusion of Crane’s 2027 Annual Meeting of Stockholders. The Board will begin a process to identify a successor after Mr. Tullis’s retirement. The resignation was not the result of a disagreement with the company on its operations, policies, or practices.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation effective date Conclusion of the 2027 Annual Meeting of Stockholders James L. L. Tullis’s Board resignation
Board meeting date September 27, 2026 The Board considered and accepted Tullis’s resignation
Lead Independent Director regulatory
"the Board’s Lead Independent Director"
A lead independent director is a board member who is not part of company management and is chosen to coordinate and represent the other independent directors, often running sessions without the CEO, helping set meeting agendas, and serving as a liaison between shareholders and the board. For investors, this role signals stronger, more balanced oversight—like a neutral referee who helps ensure decisions are fair, transparent and focused on protecting shareholder interests.
retirement policy for directors regulatory
"retirement policy for directors included in the Company’s"
Corporate Governance Guidelines regulatory
"included in the Company’s Corporate Governance Guidelines"
A company’s corporate governance guidelines are a set of written rules and practices that explain how its board and executives make decisions, oversee risks, and hold themselves accountable—think of them as the organization’s playbook for fair and responsible leadership. Investors care because these guidelines shape how transparent decision-making is, reduce the chance of surprises or conflicts, and influence long‑term stability and trust, much like house rules keep a household running smoothly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will CR’s Lead Independent Director James L. L. Tullis leave the Board?

His resignation will be effective at the conclusion of Crane Co’s 2027 Annual Meeting of Stockholders. The Board accepted his resignation under its retirement policy for directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0001944013false00019440132026-09-272026-09-27

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 FORM 8-K

 CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 27, 2026
CRANE COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
Delaware
1-41570
88-2846451
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
100 First Stamford Place
Stamford
CT
06902
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: 203-363-7300
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, par value $1.00 CRNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
At a regularly scheduled meeting held on September 27, 2026, the Board of Directors (the “Board”) of Crane Company (the “Company”) considered and accepted the tendered resignation of James L. L. Tullis, the Board’s Lead Independent Director, from the Board pursuant to the Company’s retirement policy for directors included in the Company’s Corporate Governance Guidelines. Mr. Tullis’ resignation will be effective at the conclusion of the Company’s 2027 Annual Meeting of Stockholders. Mr. Tullis’ resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The Board will begin a process to identify a successor to assume the Lead Independent Director role following Mr. Tullis’ retirement.


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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
CRANE COMPANY
September 29, 2026
By:/s/ Anthony M. D’Iorio
Anthony M. D’Iorio
Executive Vice President, General Counsel and
Secretary


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