Crawford CEO withholds 54,315 shares for taxes
CEO & President William B. Swain Jr. corrected a tax-withholding share disposition, increasing his direct holdings to 369,589 shares.
Rhea-AI Filing Summary
CRAWFORD & CO (CRD) director and CEO & President William B. Swain Jr. reported a disposition of 54,315 shares of Class A Common Stock on August 20, 2026, as a payment of tax liability by withholding shares at $13.29 per share. A correction to an error in tax calculations reduced the number of shares withheld by 137 and increased his beneficially owned shares by 137, resulting in 369,589 shares held directly after the adjustment; no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 54,315 shares
Tax Withholding
1 txn
Insider
SWAIN WILLIAM B JR
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 54,315 | $13.29 | $722K |
Holdings After Transaction:
Class A Common Stock — 369,589 shares (Direct)
Footnotes (1)
- F1. A correction to an error in tax calculations decreased the number of shares withheld for the Reporting Person by 137 shares and increased the number of shares beneficially owned shares by 137, to 369,589.
Key Figures
Shares disposed for tax withholding: 54,315 shares
Tax withholding price: $13.29 per share
Shares beneficially owned after transaction: 369,589 shares
+1 more
4 metrics
Shares disposed for tax withholding
54,315 shares
Class A Common Stock withheld on August 20, 2026 to pay tax liability
Tax withholding price
$13.29 per share
Reported price for the 54,315 shares withheld for tax liability
Shares beneficially owned after transaction
369,589 shares
Directly owned Class A Common Stock following the corrected withholding
Correction to withheld shares
137 shares
Decrease in shares withheld for tax due to corrected calculations
Key Terms
beneficially owned, withheld, Payment of tax liability by delivering or withholding securities, Rule 10b5-1
4 terms
beneficially owned financial
"increased the number of shares beneficially owned shares by 137"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
withheld financial
"decreased the number of shares withheld for the Reporting Person"
Payment of tax liability by delivering or withholding securities financial
"transaction code description is Payment of tax liability by delivering"
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox is not checked for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CRAWFORD & CO (CRD) report in this amended Form 4?
The filing reports that 54,315 shares of Class A Common Stock were disposed of on August 20, 2026, as a payment of tax liability by withholding shares from CEO & President William B. Swain Jr.'s holdings.
What was corrected in this Form 4/A amendment for CRAWFORD & CO (CRD)?
The amendment corrects an error in tax calculations that decreased the number of shares withheld for tax by 137 shares and increased the number of beneficially owned shares by the same amount, to 369,589.
Was the CRAWFORD & CO (CRD) insider transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the tax-withholding disposition was made pursuant to a Rule 10b5-1 trading plan.
What role does William B. Swain Jr. hold at CRAWFORD & CO (CRD)?
William B. Swain Jr. is reported as both a director and an officer of CRAWFORD & CO, serving as CEO & President.
AI-generated analysis. How Rhea-AI works. Not financial advice.