Crane Co (NYSE: CR) director granted 874 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane Co director Susan D. Lynch received a grant of 874 Restricted Share Units on common stock at no cost. These Restricted Share Units convert into common stock on a one-for-one basis.
The units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, subject to her continued board service. Any unvested units are forfeited if her board service ends, except upon death or a change in control. Following this grant, she holds 2,605 Restricted Share Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Susan D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 874 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 2,605 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
Post-grant RSU holdings: 2,605 Restricted Share Units
Conversion ratio: 1 RSU : 1 common share
+1 more
4 metrics
RSUs granted
874 Restricted Share Units
Grant to director Susan D. Lynch on Crane Co common stock
Post-grant RSU holdings
2,605 Restricted Share Units
Total RSUs directly held by Susan D. Lynch after grant
Conversion ratio
1 RSU : 1 common share
Restricted Share Units convert into Crane Co common stock
Grant price
$0.00 per unit
Compensation-related RSU award with no purchase price
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 or the next year's annual meeting of stockholders"
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 Susan D. Lynch report at Crane Co (CR)?
Susan D. Lynch reported receiving 874 Restricted Share Units of Crane Co common stock as a grant. These compensation-related units were awarded at no cost and increase her direct holdings, aligning her interests with shareholders through equity that will vest over time, subject to service conditions.