Crane Co. (CR) CEO logs RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane Co.’s Chairman, President and CEO Max H. Mitchell reported equity award activity on common stock. On February 10, 2026, 1,801 Restricted Share Units vested and converted into 1,801 shares of common stock at an exercise price of $0.
To cover tax obligations from this vesting, 835 common shares were withheld at $199.99 per share. After these transactions, Mitchell directly held 414,247 common shares and 17,672 Restricted Share Units, plus 2,971 common shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,801 shares exercised/converted
Mixed
4 txns
Insider
MITCHELL MAX H
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 1,801 | $0.00 | -- |
| Exercise | Common Stock | 1,801 | $0.00 | -- |
| Tax Withholding | Common Stock | 835 | $199.99 | $167K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 17,672 shares (Direct);
Common Stock — 415,082 shares (Direct);
Common Stock — 2,971 shares (Indirect, 401(K))
Footnotes (1)
- Represents vesting of 1,801 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.
FAQ
What insider transaction did Crane Co (CR) report for Max H. Mitchell?
Crane Co reported that CEO Max H. Mitchell had 1,801 Restricted Share Units vest and convert into common stock. As part of the same event, some shares were withheld to satisfy tax obligations tied to this equity compensation.
How many Crane Co (CR) RSUs vested for the CEO on February 10, 2026?
On February 10, 2026, 1,801 Restricted Share Units vested for Crane Co CEO Max H. Mitchell. These units converted into an equal number of common shares, reflecting the one-for-one conversion ratio disclosed in the filing’s footnotes.
What does the Form 4 say about Crane Co (CR) RSU conversion terms?
The Form 4 footnotes state that Crane Co Restricted Share Units convert into common stock on a one-for-one basis. They also explain that the RSUs vest in four equal installments, beginning on the first anniversary of the original grant date.
Is the Crane Co (CR) CEO’s Form 4 transaction a market purchase or sale?
The Form 4 shows RSU vesting and tax withholding, not an open-market trade. Shares were acquired through derivative conversion at $0 and some were disposed of at $199.99 solely to satisfy tax liabilities associated with the vested equity award.