Form 4: Papanikolaou Marijane V. reports multiple insider transactions in CR
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Papanikolaou Marijane V. reported multiple insider transaction types in a Form 4 filing for CR. The filing lists transactions totaling 247 shares at a weighted average price of $200.61 per share. Following the reported transactions, holdings were 1,684 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
100 shares exercised/converted
Mixed
3 txns
Insider
Papanikolaou Marijane V.
Role
V.P., Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 100 | $0.00 | -- |
| Exercise | Common Stock | 100 | $0.00 | -- |
| Tax Withholding | Common Stock | 47 | $200.61 | $9K |
Holdings After Transaction:
Restricted Share Unit — 1,684 shares (Direct);
Common Stock — 735 shares (Direct)
Footnotes (1)
- Represents vesting of 100 previously reported Restricted Share Units. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did Crane Co (CR) report for Marijane V. Papanikolaou?
Crane Co reported that Marijane V. Papanikolaou had 100 previously granted restricted share units vest and convert into 100 shares of common stock. The filing also shows a related tax-withholding share disposition and updated post-transaction share and RSU balances.
What tax-withholding transaction occurred in the Crane Co (CR) Form 4?
To satisfy tax obligations from the RSU vesting, 47 shares of Crane Co common stock were disposed of at $200.61 per share. This is reported with transaction code “F,” indicating payment of tax liability by delivering previously acquired shares.
What are Marijane V. Papanikolaou’s Crane Co (CR) holdings after the reported transactions?
After the reported transactions, Marijane V. Papanikolaou directly owned 688 shares of Crane Co common stock. She also held 1,684 restricted share units, which are derivative securities that can convert into common stock on a one-for-one basis under their vesting terms.
What role does Marijane V. Papanikolaou hold at Crane Co (CR)?
According to the Form 4, Marijane V. Papanikolaou serves as vice president, controller and chief accounting officer of Crane Co. Her reported transactions relate to equity compensation granted in connection with this executive officer position at the company.