Crane CFO settles 2023 performance RSUs, withholds shares
Crane Co.'s Executive VP and CFO Richard A. Maue reported equity award activity and related share withholding.
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Rhea-AI Filing Summary
Crane Co.'s Executive VP and CFO Richard A. Maue reported equity award activity and related share withholding. On January 26, 2026, 5,430 2023 Performance-Based Restricted Share Units were exercised for common stock at $0 per share, and 7,537 shares of common stock were acquired. To cover tax obligations, 3,527 shares of common stock were withheld at a price of $204.24 per share. After these transactions, Maue beneficially owned 72,393 shares of Crane Co. common stock directly and 1,791 shares indirectly through a 401(k) plan.
Insights
CFO’s Form 4 shows routine RSU vesting with tax withholding.
The report details vesting of 2023 Performance-Based RSUs for Crane Co.’s Executive VP and CFO, Richard A. Maue. 5,430 performance-based RSUs were converted into common stock at $0 exercise price, reflecting standard long-term incentive compensation in equity.
To satisfy tax obligations, 3,527 common shares were withheld at $204.24 per share, a common mechanism that avoids separate cash payments. Following these movements, Maue holds 72,393 common shares directly and 1,791 shares indirectly via a 401(k) plan.
The activity appears administrative rather than thesis-changing, centered on equity award settlement rather than open-market buying or selling. Future filings may continue to show similar vesting and withholding patterns as additional performance-based awards reach their vesting dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Performance-Based Restricted Share Unit | 5,430 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,537 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,527 | $204.24 | $720K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Each 2023 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between 0 and 2.0. On January 26, 2026, each Performance-Based RSU was converted into the right to receive 1.388 shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Crane Co (CR) report for its CFO on January 26, 2026?
What is the status of the CFO’s performance-based RSUs at Crane Co (CR) after this filing?
Was the Crane Co (CR) CFO’s transaction an open-market sale or tax withholding?
What type of award was involved in the Crane Co (CR) CFO’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.