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Crane (CR) CEO Max Mitchell logs RSU vesting and tax share withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Crane Co. Chairman, President and CEO Max H. Mitchell reported routine equity award activity as restricted share units vested and converted into common stock. On February 6 and 7, 2026, a total of 2,239 and 2,635 restricted share units, respectively, vested and were settled into common shares at no exercise price.

To cover tax obligations, the company withheld 1,038 shares at $187.78 per share and 1,222 shares at $196.22 per share. Following these transactions, Mitchell directly held 413,281 shares of Crane common stock, plus 2,971 shares held indirectly in a 401(k) plan, and 16,223 remaining restricted share units.

Positive

  • None.

Negative

  • None.
Insider MITCHELL MAX H
Role Chairman, President and CEO
Type Security Shares Price Value
Exercise Restricted Share Unit 2,635 $0.00 --
Exercise Common Stock 2,635 $0.00 --
Tax Withholding Common Stock 1,222 $196.22 $240K
Exercise Restricted Share Unit 2,239 $0.00 --
Exercise Common Stock 2,239 $0.00 --
Tax Withholding Common Stock 1,038 $187.78 $195K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Share Unit — 16,223 shares (Direct); Common Stock — 414,503 shares (Direct); Common Stock — 2,971 shares (Indirect, 401(K))
Footnotes (1)
  1. Represents vesting of 2,239 previously reported Restricted Share Units. Represents vesting of 2,635 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.
Form 4 Insider Transactions: What Each Field Means →
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)
02/06/2026
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
Common Stock 02/06/2026 M 2,239(1) A $0 412,906 D
Common Stock 02/06/2026 F 1,038 D $187.78 411,868 D
Common Stock 02/07/2026 M 2,635(2) A $0 414,503 D
Common Stock 02/07/2026 F 1,222 D $196.22 413,281 D
Common Stock 2,971 I 401(K)
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
Restricted Share Unit (3) 02/06/2026 M 2,239 (4) (4) Common Stock 2,239 $0 18,858 D
Restricted Share Unit (3) 02/07/2026 M 2,635 (4) (4) Common Stock 2,635 $0 16,223 D
Explanation of Responses:
1. Represents vesting of 2,239 previously reported Restricted Share Units.
2. Represents vesting of 2,635 previously reported Restricted Share Units.
3. Restricted Share Units convert into common stock on a one-for-one basis.
4. 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 02/10/2026
** 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

FAQ

What insider transactions did Crane Co (CR) report for Max H. Mitchell?

Crane Co reported vesting of restricted share units for CEO Max H. Mitchell. On February 6 and 7, 2026, 2,239 and 2,635 restricted share units vested and converted into common stock, with some shares withheld to satisfy tax obligations at reported market prices.

How many Crane Co (CR) shares does the CEO hold after these Form 4 transactions?

After the reported transactions, Max H. Mitchell held 413,281 Crane common shares directly. He also had 2,971 shares held indirectly through a 401(k) plan and 16,223 remaining restricted share units that may convert into additional common shares under their vesting schedule.

What do the restricted share unit vestings mean for Crane Co (CR) CEO compensation?

The filing shows part of the CEO’s stock-based compensation becoming fully earned. Restricted share units vested in amounts of 2,239 and 2,635 units, converting one-for-one into common stock, consistent with a long-term incentive plan that vests in four equal annual installments.

Why were some Crane Co (CR) shares sold or withheld at $187.78 and $196.22?

The Form 4 reports Code F transactions, indicating shares were withheld for taxes. Specifically, 1,038 shares at $187.78 and 1,222 shares at $196.22 were used to satisfy withholding obligations triggered by the vesting of restricted share units, rather than open-market discretionary sales.

What are the key dates of the Crane Co (CR) insider transactions in this Form 4?

The key transaction dates reported are February 6 and February 7, 2026. On each date, restricted share units vested and converted into common stock, and on the same days, shares were withheld to cover related tax obligations under Code F transactions.