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Crawford & Co (CRD) reports 298,685 trust share distributions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Crawford & Co director Jesse C. Crawford reported two restructuring transactions involving Class A Common Stock held through family trusts. On January 7, 2025, 288,840 shares held in a 2009 irrevocable trust were distributed to the trust’s beneficiary. On January 27, 2025, 9,845 shares in a trust for his son were also distributed to that beneficiary. Both transactions were coded as “other acquisition or disposition” and reflect trust-to-beneficiary distributions rather than open-market buys or sells.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
CRAWFORD JESSE C

(Last)(First)(Middle)
6 WEST DRUID HILLS DRIVE, NE

(Street)
ATLANTA GEORGIA 30329

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CRAWFORD & CO [ CRDA CRDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/10/2026
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)
CodeVAmount(A) or (D)Price
Class A Common Stock01/07/2025J(1)288,840D$00IBy Spouse as Trustee for 2009 Irrevocable Trust
Class A Common Stock01/27/2025J(2)9,845D$00ITrust for Son
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were distributed from Irrevocable Trust for which Reporting Person's spouse was Trustee to the Trust's beneficiary.
2. Shares distributed from trust to trust beneficiary.
/s/ Jesse C. Crawford03/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Jesse C. Crawford report for Crawford & Co (CRD)?

Jesse C. Crawford reported two “other” transactions in Class A Common Stock. Trusts associated with his family distributed 288,840 shares on January 7, 2025 and 9,845 shares on January 27, 2025 to their respective beneficiaries, with no stated purchase or sale price.

Were the Crawford & Co (CRD) Form 4/A transactions open-market buys or sells?

No, the transactions were not open-market trades. They were coded “J” as other acquisitions or dispositions and reflect share distributions from family trusts to their beneficiaries, rather than purchases or sales on the market by Jesse C. Crawford.

How many Crawford & Co Class A shares were restructured in the reported trust transactions?

The filing shows 288,840 Class A shares distributed from a 2009 irrevocable trust and 9,845 Class A shares distributed from a trust for Jesse C. Crawford’s son, totaling 298,685 shares moved from trusts to their beneficiaries as part of restructuring activity.

Who held the Crawford & Co shares before the reported trust distributions?

Before the distributions, the shares were held indirectly through family trusts. One block was held by Jesse C. Crawford’s spouse as trustee of a 2009 irrevocable trust, and another block was held in a trust for his son, as described in the Form 4/A ownership details.

What do the footnotes in the Crawford & Co Form 4/A explain about these share movements?

The footnotes state that shares were distributed from an irrevocable trust, where the spouse was trustee, to that trust’s beneficiary, and that additional shares were distributed from another trust to its beneficiary. This clarifies that the activity is trust-to-beneficiary distribution, not trading.
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