Crane Co (CR) VP Marijane Papanikolaou granted RSUs and stock options

Rhea-AI Filing Summary

Crane CoMarijane V. Papanikolaou, V.P., Controller & CAO, on February 9, 2026

The awards include 500 2026 performance-based RSUs, each representing a contingent right to receive between zero and 2.00 shares of common stock. These RSUs vest on December 31, 2028

She also received 567 employee stock options$199.99250 time-based restricted share units500 performance-based RSUs567 options1,856 restricted share units

02/11/2026 - 04:46 PM

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

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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 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)

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

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		500		(2)	(2)	Common Stock	500	$0	500	D
Employee Stock Option (Right to Buy)	$199.99	02/09/2026		A		567		(3)	02/09/2036	Common Stock	567	$0	567	D
Restricted Share Unit	(4)	02/09/2026		A		250		(5)	(5)	Common Stock	250	$0	1,856	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.
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FAQ

What equity awards did Crane Co (CR) grant to Marijane V. Papanikolaou on February 9, 2026?

Crane Co granted Marijane V. Papanikolaou 500 2026 performance-based RSUs, 567 employee stock options at a $199.99 exercise price, and 250 time-based restricted share units, all held directly as part of her compensation package.

How do the 2026 performance-based RSUs for Crane Co (CR) vest?

The 500 2026 performance-based RSUs vest on December 31, 2028 if Crane Co’s common stock meets specified performance criteria for each fiscal year in the three-year period ending that date and her employment continues, subject to certain exceptions.

What is the vesting schedule of the Crane Co (CR) stock options granted to Marijane V. Papanikolaou?

The 567 employee stock options at a $199.99 exercise price vest gradually: 25% on the first anniversary of the grant date, 50% on the second, 75% on the third, and 100% on the fourth anniversary, providing a four-year vesting schedule.

How do Crane Co (CR) restricted share units convert into common stock?

Crane Co restricted share units convert into common stock on a one-for-one basis. For this grant, 250 restricted share units vest in four equal annual installments beginning on the first anniversary of the grant date, creating a straightforward time-based vesting structure.

What is the total number of restricted share units Marijane V. Papanikolaou holds after the February 2026 grants at Crane Co (CR)?

After the February 9, 2026 grant of 250 restricted share units, Marijane V. Papanikolaou beneficially owns 1,856 restricted share units directly, according to the reported holdings in the derivative securities table of the insider filing.

Are the Crane Co (CR) equity awards to Marijane V. Papanikolaou direct or indirect holdings?

All reported derivative equity awards to Marijane V. Papanikolaou, including the 2026 performance-based RSUs, employee stock options, and restricted share units, are listed as directly owned, with no nature of indirect beneficial ownership described in the filing.