Crane Co (CR) awards RSUs and stock options to Executive VP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane CoAlejandro Alcala received new equity awards on February 9, 2026. He was granted 11,413 2026 performance-based RSUs, 11,772 employee stock options with a $199.99 exercise price, and 4,150 restricted share units.
The 2026 performance-based RSUs can convert into between zero and 2.00 Crane Co common shares each and vest on December 31, 2028 if multi-year performance goals and continued employment conditions are met. The options vest 25% per year over four years and expire on February 9, 2036, while the time-based RSUs vest in four equal annual installments and convert into common stock one-for-one.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Alcala Alejandro
Role
Exec. V.P. & Chief Op. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Performance-Based RSU | 11,413 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 11,772 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 4,150 | $0.00 | -- |
Holdings After Transaction:
2026 Performance-Based RSU — 11,413 shares (Direct);
Employee Stock Option (Right to Buy) — 11,772 shares (Direct);
Restricted Share Unit — 7,774 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 executive insider transaction did Crane Co (CR) report for February 9, 2026?
Crane Co reported new equity awards to Exec. V.P. & Chief Operating Officer Alejandro Alcala on February 9, 2026. He received grants of performance-based RSUs, stock options, and time-based restricted share units as part of his executive compensation package.
How many 2026 performance-based RSUs did Alejandro Alcala receive from Crane Co (CR)?
Alejandro Alcala received 11,413 2026 performance-based restricted stock units from Crane Co. Each unit represents a contingent right to between zero and 2.00 shares of Crane Co common stock, depending on whether specified performance criteria are achieved over a three-year period.
When do the 2026 performance-based RSUs at Crane Co (CR) vest?
The 2026 performance-based RSUs vest on December 31, 2028. Vesting requires Crane Co common stock to meet certain performance criteria for each fiscal year in the three-year period ending December 31, 2028 and is also contingent on continued employment, subject to specified exceptions.
What stock option grant did Crane Co (CR) award to Alejandro Alcala?
Crane Co granted Alejandro Alcala employee stock options covering 11,772 shares at a $199.99 exercise price. These options become exercisable 25% each year on the first through fourth anniversaries of the grant date and are scheduled to expire on February 9, 2036.
What role does Alejandro Alcala hold at Crane Co (CR) in this Form 4 filing?
In this Form 4, Alejandro Alcala is identified as an officer of Crane Co, serving as Executive Vice President and Chief Operating Officer. The filing shows equity awards granted to him directly, reflecting part of his executive long-term incentive compensation.