STOCK TITAN

Director at Crane Co (NYSE: CR) granted 874 restricted share units

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

Rhea-AI Filing Summary

Crane Co director Lindsay Ronald Carter received a grant of 874 Restricted Share Units (RSUs), which are a form of stock-based compensation. Each RSU converts into one share of Crane Co common stock. After this award, Carter directly holds 28,640 shares or share-equivalents.

The RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, as long as Carter continues to serve on the board through that date. Any unvested RSUs are forfeited if his board service ends, except in the case of death or a change in control.

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Insider Lindsay Ronald Carter
Role null
Type Security Shares Price Value
Grant/Award Restricted Share Unit 874 $0.00 --
Holdings After Transaction: Restricted Share Unit — 28,640 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.
RSU grant size 874 units Restricted Share Units granted to director
Post-transaction holdings 28,640 shares Total direct holdings after RSU grant
Conversion ratio 1 RSU : 1 share RSUs convert into common stock on a one-for-one basis
Restricted Share Unit financial
"Restricted Share Unit 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"
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.
annual meeting of stockholders financial
"or the next year's annual meeting of stockholders, subject to the reporting person's continued board service"
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.
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*
Lindsay Ronald Carter

(Last)(First)(Middle)
100 FIRST STAMFORD PLACE

(Street)
STAMFORD CONNECTICUT 06902-6784

(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$028,640D
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)

FAQ

What insider transaction did Crane Co (CR) report for Lindsay Ronald Carter?

Crane Co reported that director Lindsay Ronald Carter received a grant of 874 Restricted Share Units as stock-based compensation. These RSUs are derivative securities that will convert into Crane Co common stock on a one-for-one basis once they vest.

How many Restricted Share Units did the Crane Co director receive in this Form 4?

The director received 874 Restricted Share Units in this transaction. Each unit represents the right to receive one share of Crane Co common stock upon vesting, so the grant adds 874 potential common shares to his direct equity-based holdings when fully vested.

What are the vesting conditions for the Crane Co director’s 874 RSUs?

The 874 Restricted Share Units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. Vesting requires the director to continue serving on the board through that date, with exceptions for death or a change in control.

How many Crane Co shares does Lindsay Ronald Carter hold after this RSU grant?

Following the grant, Lindsay Ronald Carter directly holds 28,640 shares or share-equivalents of Crane Co. This total includes the 874 Restricted Share Units that are convertible into common stock on a one-for-one basis once the vesting conditions are satisfied.

Do the Crane Co Restricted Share Units convert into common stock at a specific ratio?

Yes. The Restricted Share Units convert into Crane Co common stock on a one-for-one basis. That means each of the 874 RSUs entitles the director to receive one share of common stock when the vesting conditions are met, assuming none are forfeited beforehand.