Crane (NYSE: CR) director awarded 874 RSUs in latest Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane Co director Jennifer Pollino reported receiving a grant of 874 Restricted Share Units on April 27, 2026. These units convert into common stock on a one-for-one basis and increase her directly held derivative-based interest to 23,979 units.
The Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, conditioned on her continued board service through that date. Any unvested units are forfeited if her board service ends, except in the event of death or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pollino Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 874 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 23,979 shares (Direct, null)
Footnotes (1)
- Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next year's annual meeting of stockholders, subject to the reporting person's continued board service through the applicable date. Any unvested Restricted Share Units are forfeited upon the termination of the reporting person's board service, except upon death or a change in control.
Key Figures
RSUs granted: 874 Restricted Share Units
Holdings after grant: 23,979 units
Conversion ratio: 1 unit : 1 common share
+1 more
4 metrics
RSUs granted
874 Restricted Share Units
Grant to director on April 27, 2026
Holdings after grant
23,979 units
Total Restricted Share Units following transaction
Conversion ratio
1 unit : 1 common share
Restricted Share Units convert into common stock
Grant price
$0.00 per unit
Compensation award, not open-market purchase
Key Terms
Restricted Share Unit, vest, change in control
3 terms
vest financial
"Restricted Share Units vest on the earlier of the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
change in control financial
"except upon death or a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Crane Co (CR) report for Jennifer Pollino?
Crane Co reported that director Jennifer Pollino received a grant of 874 Restricted Share Units. These derivative awards convert into common stock on a one-for-one basis and represent compensation, not an open-market purchase or sale of existing shares.