Crane VP vests RSUs, withholds shares for tax

Crane Co executive Marijane V. Papanikolaou, V.P., Controller & CAO, reported routine equity compensation activity.

Rhea-AI Filing Summary

Crane Co executive Marijane V. Papanikolaou, V.P., Controller & CAO, reported routine equity compensation activity. On April 24, 2026, 508 Restricted Share Units vested and converted into common stock on a one-for-one basis, with 236 shares withheld to cover tax obligations. Following these transactions, she directly holds 960 shares of common stock and 1,176 Restricted Share Units, reflecting an exercise-and-hold pattern rather than any open-market buying or selling.

Insider Trade Summary

508 shares exercised/converted

Exercise 3 txns

Insider Papanikolaou Marijane V.

Role V.P., Controller & CAO

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit	508	$0.00	$0.00
Exercise	Common Stock	508	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	236	$180.42	$43K

Holdings After Transaction: Restricted Share Unit — 1,176 contracts (Direct); Common Stock — 960 shares (Direct)

Footnotes (3)

1. F1. Represents vesting of 508 previously reported Restricted Share Units.
2. F2. Restricted Share Units convert into common stock on a one-for-one basis.
3. F3. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

Key Figures

RSUs vested: 508 units Shares withheld for tax: 236 shares at $180.42 Common shares held: 1,196 shares +2 more

5 metrics

RSUs vested 508 units Restricted Share Units converting into common stock on April 24, 2026

Shares withheld for tax 236 shares at $180.42 Tax-withholding disposition of common stock on April 24, 2026

Common shares held 1,196 shares Direct ownership of Crane Co common stock after transactions

Unvested RSUs remaining 1,176 units Restricted Share Units outstanding after the April 24, 2026 vesting

Tax-withholding price $180.42 per share Implied value for 236 shares used to satisfy tax liability

Key Terms

Restricted Share Unit, tax-withholding disposition, derivative exercise/conversion, vest ratably in four equal installments

4 terms

Restricted Share Unit financial

"Represents vesting of 508 previously reported Restricted Share Units."

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion"

vest ratably in four equal installments financial

"Restricted Share Units vest ratably in four equal installments beginning on the first anniversary"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Crane Co (CR) report for Marijane V. Papanikolaou?

Crane Co reported that executive Marijane V. Papanikolaou had 508 Restricted Share Units vest and convert into common stock. As part of this routine compensation event, 236 shares were withheld to satisfy tax obligations, not sold in the open market.

How many Crane Co (CR) shares does Marijane V. Papanikolaou hold after this Form 4?

After the reported transactions, Marijane V. Papanikolaou directly holds 1,196 shares of Crane Co common stock. She also continues to hold 1,176 Restricted Share Units, which may convert into additional shares as they vest over time.

Were the Crane Co (CR) Form 4 transactions open-market sales or purchases?

The Form 4 shows no open-market buys or sells. Instead, it reflects RSU vesting and a tax-withholding disposition, where 236 shares were withheld by the company to cover taxes on the vested 508 Restricted Share Units.

What do the Restricted Share Units in Crane Co (CR) vesting schedule indicate?

The filing notes that Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date. This means the award is earned gradually over time, encouraging ongoing service and aligning the executive’s interests with shareholders.

How are Crane Co (CR) Restricted Share Units converted into common stock?

The Form 4 states that Restricted Share Units convert into common stock on a one-for-one basis. When vesting occurs, each RSU delivers one share of Crane Co common stock, subject to any share withholding to cover associated tax liabilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/28/2026 - 04:46 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Papanikolaou Marijane V.

(Last) (First) (Middle)

100 FIRST STAMFORD PLACE

(Street)

STAMFORD CONNECTICUT 06902-6784

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Crane Co [ CR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	V.P., Controller & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/24/2026		M		508(1)	A	$0	1,196	D
Common Stock	04/24/2026		F		236	D	$180.42	960	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	(2)	04/24/2026		M			508	(3)	(3)	Common Stock	508	$0	1,176	D

Explanation of Responses:

1. Represents vesting of 508 previously reported Restricted Share Units.

2. Restricted Share Units convert into common stock on a one-for-one basis.

3. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ Attorney In Fact, Anthony M. D'Iorio	04/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)