CR Form 4: Alcala Exercises Options, Reports ~33,526 Shares Held

Rhea-AI Filing Summary

Alejandro Alcala, Exec. V.P. & Chief Operating Officer of Crane Co (CR), reported option exercises and market sales on 08/25/2025. He exercised options to acquire 12,134 shares at a $51.32 exercise price and 8,657 shares at a $64.86 exercise price. On the same date he sold 15,358 shares, 4,800 shares and 633 shares at weighted average prices in ranges reported between $191.85 and $194.34 per share. Following these transactions the reporting person beneficially owned 33,526 shares directly and 290 shares indirectly through a 401(k). The Form 4 was signed by Attorney in Fact Anthony M. D'Iorio on 08/27/2025.

Positive

• Timely Section 16 disclosure filed showing compliance with insider reporting requirements
• Options exercise transparency with grant dates and vesting schedules for the exercised grants disclosed

Negative

• Substantial sale volume on 08/25/2025: 20,791 shares sold, which reduced immediate direct holdings
• Sale prices reported as ranges rather than per-lot detail (issuer offers to provide separate-price breakdown only upon request)

Insights

Corporate Governance Expert

TL;DR: Routine insider exercise and sales disclosed; shows liquidity actions by a senior officer without disclosed material nonpublic information.

The filing documents option exercises that were near expiration and subsequent market sales executed the same day. Exercises used long-dated grants from 2017 and 2018 and resulted in increased share ownership before portions were sold. The report is straightforward and complies with Section 16 disclosure timing, reducing governance risk from late reporting. No new operational or financial details about Crane Co are disclosed.

Securities Analyst

TL;DR: Insider realized proceeds by selling ~20,791 shares after exercising ~20,791 stock-option-derived shares; transaction sizes are modest relative to large-cap norms.

The options exercised totaled 20,791 shares (12,134 at $51.32; 8,657 at $64.86) and the reported sales on 08/25/2025 disposed of 20,791 shares at weighted average prices disclosed in ranges from $191.85 to $194.34. Post-transaction direct beneficial ownership is 33,526 shares plus 290 held indirectly. The filing documents mechanics of compensation-derived liquidity; it includes price ranges for sales and an undertaking to provide per-price detail on request.

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
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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^*

Alcala Alejandro

(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. & Chief Op. Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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
Common Stock	08/25/2025		M		12,134	A	$51.32	45,660	D
Common Stock	08/25/2025		M		8,657	A	$64.86	54,317	D
Common Stock	08/25/2025		S(1)		15,358	D	$192.5(2)	38,959	D
Common Stock	08/25/2025		S(1)		4,800	D	$193.3(3)	34,159	D
Common Stock	08/25/2025		S(1)		633	D	$194.26(4)	33,526	D
Common Stock								290	I	401(K)

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
Employee Stock Option (Right to Buy)	$51.32	08/25/2025		M			12,134	(5)	01/30/2027	Common Stock	12,134	$0	0	D
Employee Stock Option (Right to Buy)	$64.86	08/25/2025		M			8,657	(6)	01/29/2028	Common Stock	8,657	$0	0	D

Explanation of Responses:

1. Mr. Alcala exercised certain options that were nearing expiration.

2. Weighted average price at which shares were sold ranged from $191.85 to $192.85. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. Weighted average price at which shares were sold ranged from $192.86 to $193.86. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. Weighted average price at which shares were sold ranged from $194.09 to $194.34. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. The options were granted 1/30/2017 with a ten-year term and vested 25% each year over four years.

6. The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.

Remarks:

	/s/ Attorney In Fact, Anthony M. D'Iorio	08/27/2025
	** 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 transactions did Alejandro Alcala report on Form 4 for CR?

He reported exercising 12,134 options at $51.32 and 8,657 options at $64.86 on 08/25/2025, and selling 15,358, 4,800, and 633 shares the same date.

How many Crane Co (CR) shares does Alcala beneficially own after the transactions?

Following the reported transactions he beneficially owned 33,526 shares directly and 290 shares indirectly (401(k)).

At what prices were the shares sold in the reported transactions?

Sales were disclosed with weighted-average price ranges: $191.85–$192.85, $192.86–$193.86, and $194.09–$194.34; the filer will provide per-price details on request.

Were the exercised options recent grants or older awards?

The exercised options were from grants dated 01/30/2017 (ten-year term) and 01/29/2018 (ten-year term), with described vesting schedules.

Who signed the Form 4 filing for Alcala?

The Form 4 was signed by Attorney in Fact Anthony M. D'Iorio on 08/27/2025.