Crane (NYSE: CR) CAO vests RSUs and uses 236 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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 1,196 shares of common stock and 1,176 Restricted Share Units, reflecting an exercise-and-hold pattern rather than any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
508 shares exercised/converted
Mixed
3 txns
Insider
Papanikolaou Marijane V.
Role
V.P., Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 508 | $0.00 | -- |
| Exercise | Common Stock | 508 | $0.00 | -- |
| Tax Withholding | Common Stock | 236 | $180.42 | $43K |
Holdings After Transaction:
Restricted Share Unit — 1,176 shares (Direct, null);
Common Stock — 1,196 shares (Direct, null)
Footnotes (1)
- Represents vesting of 508 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.
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
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
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.
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.