Crane Co (CR) director receives 978 restricted share units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane Co director Ellen McClain Haime received a grant of 978 Restricted Share Units (RSUs) tied to Crane Co common stock. These RSUs convert into common shares on a one-for-one basis.
The RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, as long as she continues serving on the board. Any unvested RSUs are forfeited if her board service ends, except in cases of death or a change in control. After this grant, she directly holds 24,986 RSUs representing potential common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAIME ELLEN MCCLAIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 978 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 24,986 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: 978 units
RSUs after transaction: 24,986 units
Conversion ratio: 1 RSU : 1 share
3 metrics
RSUs granted
978 units
Restricted Share Units awarded to director on April 27, 2026
RSUs after transaction
24,986 units
Total Restricted Share Units held directly after the grant
Conversion ratio
1 RSU : 1 share
Each Restricted Share Unit converts into one common share
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.