Crane Co (CR) EVP converts performance RSUs and sells shares for tax
Rhea-AI Filing Summary
Crane Co executive Tamara S. Polmanteer reported equity transactions tied to performance-based awards. On January 26, 2026, a 2023 performance-based RSU grant covering 2,506 units was exercised for 3,478 shares of common stock at $0 per share, reflecting a 1.388 share conversion rate per unit.
To cover tax withholding on the vesting, 1,653 shares of common stock were automatically disposed of at $204.24 per share. After these transactions, Polmanteer directly owned 8,240 shares of Crane Co common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Performance-Based Restricted Share Unit | 2,506 | $0.00 | -- |
| Exercise | Common Stock | 3,478 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,653 | $204.24 | $338K |
Footnotes (1)
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FAQ
What insider transaction did Crane Co (CR) report for Tamara S. Polmanteer?
Crane Co reported that executive Tamara S. Polmanteer exercised 2,506 2023 performance-based RSUs into 3,478 shares of common stock. As part of the same event, 1,653 shares were withheld and sold to cover taxes, leaving her with 8,240 directly owned shares.
What was the tax withholding sale price in the Crane Co (CR) Form 4?
The tax withholding related to Tamara S. Polmanteer’s RSU vesting used a sale price of $204.24 per Crane Co share. A total of 1,653 shares were disposed of at this price to satisfy tax obligations arising from the RSU conversion.
How were Tamara S. Polmanteer’s 2023 performance-based RSUs at Crane Co (CR) converted?
Each 2023 performance-based RSU for Tamara S. Polmanteer converted into 1.388 shares of Crane Co common stock. On January 26, 2026, 2,506 RSUs were exercised under this formula, resulting in 3,478 newly issued common shares at an exercise price of $0.
What roles does Tamara S. Polmanteer hold at Crane Co (CR) in this Form 4?
In this Form 4, Tamara S. Polmanteer is identified as an officer of Crane Co, serving as Executive Vice President and Chief Human Resources Officer. The filing reflects her personal equity compensation activity and resulting ownership in Crane Co common stock.