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Crane Co. (CR) CEO logs RSU vesting and tax-share withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
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.
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)
02/10/2026
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 02/10/2026 M 1,801(1) A $0 415,082 D
Common Stock 02/10/2026 F 835 D $199.99 414,247 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 (2) 02/10/2026 M 1,801 (3) (3) Common Stock 1,801 $0 17,672 D
Explanation of Responses:
1. Represents vesting of 1,801 previously reported Restricted Share Units.
2. Restricted Share Units convert into common stock on a one-for-one basis.
3. 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 02/12/2026
** 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.

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.

At what price were Crane Co (CR) shares withheld for taxes in this Form 4?

To cover tax obligations from the RSU vesting, 835 Crane Co common shares were withheld at a price of $199.99 per share. This tax-withholding disposition is coded as an "F" transaction in the Form 4 transaction table.

How many Crane Co (CR) shares does the CEO hold after the reported transactions?

After the reported transactions, CEO Max H. Mitchell directly held 414,247 Crane Co common shares. He also indirectly held 2,971 additional shares through a 401(k) plan, as well as 17,672 Restricted Share Units representing potential future share deliveries.

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.
CRANE COMPANY

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