Crane Co (CR) EVP awarded RSUs, options and performance-based units
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
D'Iorio Anthony M.
Role
Exec. V.P., Gen. Couns. & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Performance-Based RSU | 2,375 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 2,695 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 1,188 | $0.00 | -- |
Holdings After Transaction:
2026 Performance-Based RSU — 2,375 shares (Direct);
Employee Stock Option (Right to Buy) — 2,695 shares (Direct);
Restricted Share Unit — 4,380 shares (Direct)
Footnotes (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. 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. 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. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
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.
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.