Crane director granted 874 restricted share units
Crane Co director Charles G. McClure received a grant of 874 Restricted Share Units (RSUs) tied to Crane common stock.
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Rhea-AI Filing Summary
Crane Co director Charles G. McClure received a grant of 874 Restricted Share Units (RSUs) tied to Crane common stock. The RSUs convert into common shares on a one-for-one basis and increase his direct holdings to 19,103 shares-equivalent.
The RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting, provided he continues to serve on the board. Any unvested RSUs are forfeited if his board service ends, except in cases of death or a change in control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 874 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Share Units convert into common stock on a one-for-one basis.
- F2. 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
Key Terms
vest financial
change in control financial
FAQ
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What insider transaction did Crane Co (CR) disclose for Charles G. McClure?
What happens to unvested Crane Co RSUs if Charles G. McClure leaves the board?
AI-generated analysis. How Rhea-AI works. Not financial advice.