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Crane Co (CR) EVP awarded RSUs, options and performance-based units

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

Rhea-AI Filing Summary

Crane Co executive Anthony M. D'Iorio reported equity awards granted on February 9, 2026. He received 2,375 2026 performance-based restricted stock units, 2,695 employee stock options with a $199.99 exercise price, and 1,188 time-based restricted share units, all held as direct ownership.

The performance-based RSUs can settle into Crane common stock between zero and 2.00 shares per unit and vest on December 31, 2028 if multiyear performance goals and continued employment conditions are met. The options vest 25% per year over four years, while the time-based RSUs vest in four equal annual installments and convert one-for-one into common stock.

Positive

  • None.

Negative

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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*
D'Iorio Anthony M.

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

(Street)
STAMFORD CT 06902

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. V.P., Gen. Couns. & Sec.
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
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
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
2026 Performance-Based RSU (1) 02/09/2026 A 2,375 (2) (2) Common Stock 2,375 $0 2,375 D
Employee Stock Option (Right to Buy) $199.99 02/09/2026 A 2,695 (3) 02/09/2036 Common Stock 2,695 $0 2,695 D
Restricted Share Unit (4) 02/09/2026 A 1,188 (5) (5) Common Stock 1,188 $0 4,380 D
Explanation of Responses:
1. Each 2026 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00.
2. 2026 Performance-Based RSUs vest on December 31, 2028, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with Crane Company, subject to certain exceptions.
3. Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
4. Restricted Share Units convert into common stock on a one-for-one basis.
5. 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 02/11/2026
** 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 did Crane Co (CR) executive Anthony M. D'Iorio report in this Form 4?

Anthony M. D'Iorio reported equity awards granted on February 9, 2026. He received performance-based RSUs, employee stock options, and time-based restricted share units, all representing contingent rights to Crane Co common stock under the company’s long-term incentive compensation program.

How many performance-based RSUs did Anthony M. D'Iorio receive from Crane Co (CR)?

He received 2,375 2026 performance-based restricted stock units. Each unit represents a contingent right to receive between zero and 2.00 shares of Crane Company common stock, depending on achievement of specified performance criteria over the three fiscal years ending December 31, 2028.

What are the key terms of the Crane Co (CR) stock options granted to Anthony M. D'Iorio?

He was granted 2,695 employee stock options with a $199.99 exercise price. These options become exercisable 25% on the first anniversary of grant, then 50%, 75% and 100% on the second, third and fourth anniversaries, providing a four-year graded vesting schedule.

How do Anthony M. D'Iorio’s restricted share units from Crane Co (CR) vest?

He received 1,188 restricted share units that vest ratably in four equal installments, beginning on the first anniversary of the grant date. Each restricted share unit converts into one share of Crane Company common stock upon vesting, subject to the stated vesting schedule.

When do the 2026 performance-based RSUs for Crane Co (CR) vest?

The 2026 performance-based RSUs vest on December 31, 2028. Vesting requires Crane Company’s common stock to meet specified performance criteria for each fiscal year in the three-year period ending December 31, 2028, along with continued employment, subject to certain exceptions.

Does Anthony M. D'Iorio hold these Crane Co (CR) awards directly or indirectly?

The Form 4 shows these derivative securities as directly owned. The reporting fields list the ownership form as direct, with no separate nature of indirect beneficial ownership described for these grants of options and restricted stock units.
CRANE COMPANY

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11.76B
49.27M
Specialty Industrial Machinery
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United States
STAMFORD