Crawford United SEC Filings

Crawford United Corporation director and 10% owner Edward F. Crawford reported the cash-out of his and related entities’ holdings in connection with the company’s merger. Under a merger with SPX Enterprises, each common share of Crawford United was converted into the right to receive $83.8636 per share in cash, without interest and net of applicable withholding taxes.

The Form 4 shows dispositions of Class A and Class B common shares on February 6, 2026, including 56,370 Class A shares held directly and large indirect positions held through entities such as First Francis Company, Inc., Air Power Dynamics, LLC, various trusts and an LLC. Following these transactions, the form reports 0 shares beneficially owned. Footnotes state Crawford disclaims beneficial ownership of the indirect holdings and of shares owned by his spouse, except to the extent of his pecuniary interest.

Crawford United Corporation director and 10% owner Matthew V. Crawford reported the disposition of all reported Class A and Class B common shares in connection with the completion of a cash merger. SPX Enterprises’ subsidiary merged into Crawford United, which now operates as a wholly owned subsidiary of SPX Enterprises.

At the effective time of the merger, each issued and outstanding common share of Crawford United was automatically converted into the right to receive $83.8636 in cash per share, without interest and net of applicable withholding taxes. Shares held directly by Matthew V. Crawford and indirectly through First Francis Company, Inc. and Three Bears Trust were all reported as disposed, leaving zero shares reported as beneficially owned.

Crawford United Corporation director Luis E. Jimenez reported the disposition of 13,650 Class A common shares on February 6, 2026. The transaction reflects completion of a merger in which each outstanding common share was automatically converted into the right to receive $83.8636 in cash per share, without interest and net of applicable withholding taxes. Following the cash-out merger, Jimenez reported owning zero Crawford United common shares.

Crawford United Corporation’s chief executive officer and director Brian E. Powers reported the disposition of 79,233 Class A common shares on February 6, 2026. The transaction reflects the closing of a merger in which SPX Enterprises, LLC acquired Crawford United.

Under the merger agreement, a wholly owned SPX subsidiary merged into Crawford United, making it a wholly owned subsidiary of SPX. At the effective time, each issued and outstanding common share of Crawford United was automatically converted into the right to receive $83.8636 in cash per share, without interest and net of applicable withholding taxes. Following the conversion, Powers reported beneficial ownership of zero Crawford United shares.

Crawford United Corporation reported that a merger closed in which all common shares were cashed out. Under a merger agreement with SPX Enterprises, LLC, each issued and outstanding common share of Crawford United was automatically converted into the right to receive $83.8636 per share in cash, without interest and subject to applicable withholding taxes.

The Form 4 shows that entities associated with director and 10% owner Steven H. Rosen disposed of their Class A and Class B Common Shares in this transaction, leaving no reported beneficial holdings afterward. Rosen disclaims beneficial ownership of the securities beyond any pecuniary interest.

Crawford United Corporation director Kirin Smith reported the cash-out of his holdings following a merger. On February 6, 2026, all of his 38,668 directly held Class A common shares and 36,260 Class A common shares held indirectly through Intrinsic Value Capital, L.P. were disposed of, leaving no reported shares.

This transaction reflects completion of a merger in which SPX Enterprises, LLC acquired Crawford United. At the effective time, each outstanding common share of Crawford United was automatically converted into the right to receive $83.8636 per share in cash, without interest and net of applicable withholding taxes.

Crawford United Corporation completed a merger in which it became a wholly owned subsidiary of SPX Enterprises, LLC. At the merger’s effective time, each issued and outstanding common share was automatically converted into the right to receive $83.8636 in cash per share, before any applicable withholding taxes. In connection with this event, director James W. Wert disposed of 15,750 Class A common shares, leaving him with zero shares beneficially owned after the transaction.

Crawford United Corporation’s vice president and CFO, Jeffrey Salay, reported the automatic conversion of his Class A common shares in connection with the company’s merger into SPX Enterprises, LLC. On February 6, 2026, all of his 2,625 Class A shares were disposed of in the merger, leaving him with 0 shares owned directly.

Under the merger agreement, each issued and outstanding common share of Crawford United was converted into the right to receive cash of $83.8636 per share, without interest and net of applicable withholding taxes. This filing reflects the cash-out of Salay’s equity as part of that change in ownership.

SPX Enterprises, LLC has completed its acquisition of Crawford United Corporation through a merger, taking Crawford United private. At the effective time, each issued and outstanding Class A and Class B common share (other than excluded shares and dissenting holders) was converted into the right to receive cash consideration of $83.86360 per share, before taxes and without interest. All outstanding restricted stock awards fully vested, with underlying shares receiving the same cash payment. Following the merger, previous shareholders lost all ownership rights other than receiving the merger cash. The company plans to file a Form 15 to deregister its Class A Common Shares and suspend SEC reporting. The prior board members resigned in connection with the transaction, and Daniel Whitman was appointed sole director, while the company’s articles of incorporation and regulations were amended and restated.