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Crane (CR) director receives 874 RSUs as equity compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TULLIS JAMES L L reported acquisition or exercise transactions in this Form 4 filing.

Crane Co director James L. L. Tullis received a grant of 874 Restricted Share Units, each convertible into one share of common stock. After this equity award, he holds 33,349 shares directly. The RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting, subject to continued board service, and unvested units generally forfeit if board service ends except in cases of death or a change in control.

Positive

  • None.

Negative

  • None.
Insider TULLIS JAMES L L
Role null
Type Security Shares Price Value
Grant/Award Restricted Share Unit 874 $0.00 --
Holdings After Transaction: Restricted Share Unit — 33,349 shares (Direct, null)
Footnotes (1)
  1. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next year's annual meeting of stockholders, subject to the reporting person's continued board service through the applicable date. Any unvested Restricted Share Units are forfeited upon the termination of the reporting person's board service, except upon death or a change in control.
RSUs granted 874 units Restricted Share Unit grant on April 27, 2026
Post-transaction holdings 33,349 shares Common stock directly owned after RSU grant
RSU conversion ratio 1:1 to common stock Each RSU converts into one common share at vesting
Grant vesting trigger Earlier of 1-year anniversary or next annual meeting Vesting contingent on continued board service
Restricted Share Unit financial
"Restricted Share Units convert into common stock on a one-for-one basis."
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
vest financial
"Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next year's annual meeting of stockholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
change in control financial
"except upon death or a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
TULLIS JAMES L L
(Last)(First)(Middle)
100 FIRST STAMFORD PLACE
(Street)
STAMFORD CONNECTICUT 06902
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Crane Co [ CR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Unit(1)04/27/2026A874 (2) (2)Common Stock874$033,349D
Explanation of Responses:
1. Restricted Share Units convert into common stock on a one-for-one basis.
2. Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next year's annual meeting of stockholders, subject to the reporting person's continued board service through the applicable date. Any unvested Restricted Share Units are forfeited upon the termination of the reporting person's board service, except upon death or a change in control.
Remarks:
/s/ Attorney In Fact, Anthony M. D'Iorio04/29/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Crane Co (CR) report for James L. L. Tullis?

Crane Co reported that director James L. L. Tullis received 874 Restricted Share Units as an equity award. Each unit converts into one share of common stock, increasing his direct holdings to 33,349 shares after the transaction.

How many Crane Co (CR) Restricted Share Units were granted to the director?

The director received 874 Restricted Share Units in this transaction. These units are a form of equity compensation and will convert into 874 shares of Crane Co common stock once they vest under the stated vesting conditions and timing.

When do the new Crane Co (CR) Restricted Share Units vest?

The Restricted Share Units vest on the earlier of the first anniversary of the April 27, 2026 grant date or the next annual meeting of stockholders. Vesting requires the director to continue serving on the board through the applicable vesting date.

What happens to unvested Crane Co (CR) Restricted Share Units if board service ends?

Any unvested Restricted Share Units are generally forfeited if the director’s board service terminates. An exception applies in cases of death or a change in control, where unvested units are not forfeited under the terms described in the transaction footnote.

How many Crane Co (CR) shares does the director hold after this grant?

Following the grant of 874 Restricted Share Units, the director’s reported direct holdings total 33,349 shares. This figure reflects his position after the award and helps place the new grant in context relative to his overall share ownership.

Do the granted Crane Co (CR) Restricted Share Units have an exercise price?

The Restricted Share Units were granted with a stated price of $0.00 per unit. As RSUs, they function as a promise of future shares rather than options, converting into common stock on a one-for-one basis once the vesting conditions are satisfied.