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Crane Co (CR) CEO awarded 2026 performance RSUs, options and RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crane Co Chairman, President and CEO Max H. Mitchell reported equity compensation grants dated February 9, 2026. He was awarded 8,938 2026 Performance-Based RSUs, which can convert into between zero and 2.00 shares of common stock each, depending on multi-year performance through December 31, 2028 and continued employment.

He also received an option grant for 9,219 shares of common stock at an exercise price of $199.99 per share, vesting in 25% increments on each of the first four anniversaries of the grant date. In addition, he was granted 3,250 time-based Restricted Share Units, which convert one-for-one into common stock and vest in four equal annual installments beginning on the first anniversary of the grant date.

Positive

  • None.

Negative

  • None.
Insider MITCHELL MAX H
Role Chairman, President and CEO
Type Security Shares Price Value
Grant/Award 2026 Performance-Based RSU 8,938 $0.00 $0.00
Grant/Award Employee Stock Option (Right to Buy) 9,219 $0.00 $0.00
Grant/Award Restricted Share Unit 3,250 $0.00 $0.00
Holdings After Transaction: 2026 Performance-Based RSU — 8,938 shares (Direct); Employee Stock Option (Right to Buy) — 9,219 shares (Direct); Restricted Share Unit — 19,473 shares (Direct)
Footnotes (5)
  1. F1. Each 2026 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00.
  2. F2. 2026 Performance-Based RSUs vest on December 31, 2028, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with Crane Company, subject to certain exceptions.
  3. F3. Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
  4. F4. Restricted Share Units convert into common stock on a one-for-one basis.
  5. F5. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

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FAQ

What insider transactions did Crane Co (CR) report on February 9, 2026?
Crane Co reported grants of equity awards to Chairman, President and CEO Max H. Mitchell on February 9, 2026, including 8,938 performance-based RSUs, stock options on 9,219 shares at $199.99, and 3,250 time-based restricted share units, all held as direct ownership.

How do the 2026 Performance-Based RSUs for Crane Co (CR) work?
Each 2026 Performance-Based RSU represents a contingent right to receive between zero and 2.00 shares of Crane Co common stock. These RSUs vest on December 31, 2028, if specified performance criteria are achieved over three fiscal years and the executive remains employed, subject to certain exceptions.

When do Max H. Mitchell’s Crane Co (CR) stock options from 2026 vest and expire?
The employee stock options granted on February 9, 2026 become exercisable 25% on the first anniversary, 50% on the second, 75% on the third, and 100% on the fourth anniversary. These options to buy 9,219 shares at $199.99 per share expire on February 9, 2036.

What are the vesting terms of the restricted share units granted by Crane Co (CR)?
The restricted share units granted to Max H. Mitchell convert into common stock on a one-for-one basis. They vest ratably in four equal installments, beginning on the first anniversary of the grant date, resulting in annual vesting over four years if the vesting conditions continue to be satisfied.

Are the 2026 Performance-Based RSUs at Crane Co (CR) tied to specific performance goals?
Yes. The 2026 Performance-Based RSUs vest only if Crane Co’s common stock meets certain performance criteria for each fiscal year over the three-year period ending December 31, 2028, and if the executive remains employed, subject to specified exceptions outlined in the award terms.

Does the Crane Co (CR) Form 4 show any insider stock sales by Max H. Mitchell?
The Form 4 reports grant or award acquisitions of derivative securities to Max H. Mitchell, including performance-based RSUs, stock options, and restricted share units. It does not report open-market sales; all reported transactions use code "A" for awards or other acquisitions.
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*
MITCHELL MAX H
(Last) (First) (Middle)
100 FIRST STAMFORD PLACE
(Street)
STAMFORD CT 06902-6784
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crane Co [ CR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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
2026 Performance-Based RSU (1) 02/09/2026 A 8,938 (2) (2) Common Stock 8,938 $0 8,938 D
Employee Stock Option (Right to Buy) $199.99 02/09/2026 A 9,219 (3) 02/09/2036 Common Stock 9,219 $0 9,219 D
Restricted Share Unit (4) 02/09/2026 A 3,250 (5) (5) Common Stock 3,250 $0 19,473 D
Explanation of Responses:
1. Each 2026 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00.
2. 2026 Performance-Based RSUs vest on December 31, 2028, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with Crane Company, subject to certain exceptions.
3. Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
4. Restricted Share Units convert into common stock on a one-for-one basis.
5. 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 02/11/2026
** 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.

Source: View Original Filing on SEC EDGAR