Crane Co director awarded 874 restricted share units
Crane Co director Lindsay Ronald Carter received a grant of 874 Restricted Share Units (RSUs), which are a form of stock-based compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 874 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Share Units convert into common stock on a one-for-one basis.
- F2. 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.
Key Figures
Key Terms
vest financial
annual meeting of stockholders financial
change in control financial
FAQ
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What insider transaction did Crane Co (CR) report for Lindsay Ronald Carter?
What are the vesting conditions for the Crane Co director’s 874 RSUs?
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