Crawford CEO exercises 71,929 stock options

CRAWFORD & CO (CRD) CEO & President William B. Swain Jr reported option exercises and related share movements in Class A Common Stock.

The filer has since corrected this document, so the figures below are the ones originally reported and some of them may have changed. Read the amended Form 4/A for what the company says now.

Rhea-AI Filing Summary

CRAWFORD & CO (CRD) CEO & President William B. Swain Jr reported option exercises and related share movements in Class A Common Stock. On 2026-08-20 he exercised employee stock options covering 35,919 shares at an exercise price of $9.22 and 36,010 shares at $8.60, acquiring the same total number of Class A shares. In a separate transaction the same day, 54,452 Class A shares at $13.29 per share were delivered or withheld for payment of exercise price or tax liability.

Insider Trade Summary

71,929 shares exercised/converted

Exercise 5 txns

Insider SWAIN WILLIAM B JR

Role CEO & President

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy) F1	35,919	$0.00	$0.00
Exercise	Employee Stock Option (right to buy) F2	36,010	$0.00	$0.00
Exercise	Class A Common Stock	35,919	$9.22	$331K
Exercise	Class A Common Stock	36,010	$8.60	$310K
Exercise Price or Tax Liability	Class A Common Stock	54,452	$13.29	$724K

Holdings After Transaction: Employee Stock Option (right to buy) — 0 contracts (Direct); Class A Common Stock — 369,452 shares (Direct)

Footnotes (2)

1. F1. Option became exercisable as to approximately 1/3 of original grant amount per year commencing date indicated.
2. F2. Option became exercisable as to approximately 1/3 of original grant amount per year commencing date indicated.

Key Figures

Options exercised (shares): 71,929 shares Option exercise price: $9.22 per share Option exercise price: $8.60 per share +2 more

5 metrics

Options exercised (shares) 71,929 shares Total employee stock options exercised into Class A Common Stock on 2026-08-20

Option exercise price $9.22 per share Exercise price for 35,919 employee stock option shares

Option exercise price $8.60 per share Exercise price for 36,010 employee stock option shares

Shares delivered/withheld 54,452 shares Class A shares delivered or withheld for payment of exercise price or tax liability

Share value for code F transaction $13.29 per share Per-share value used for 54,452 Class A shares in code F transaction

Key Terms

Employee Stock Option (right to buy), Class A Common Stock, exercise price, tax liability

4 terms

Employee Stock Option (right to buy) financial

"security_title: Employee Stock Option (right to buy)"

Class A Common Stock financial

"underlying_security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

exercise price financial

"conversion_or_exercise_price: 9.2200"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did CRD CEO William B. Swain Jr report on August 20, 2026?

On 2026-08-20, CEO William B. Swain Jr exercised options for 71,929 Class A shares and 35,919 and 36,010 shares were acquired via exercises. Additionally, 54,452 shares were delivered or withheld to pay exercise price or tax liability.

How many Crawford & Co (CRD) options did the CEO exercise in this Form 4 filing?

The CEO exercised employee stock options covering 71,929 shares of Class A Common Stock. These came from two grants: 35,919 shares at an exercise price of $9.22 and 36,010 shares at an exercise price of $8.60 per share.

What prices were involved in the CRD CEO’s option exercises and related share withholding?

The CEO exercised options at $9.22 and $8.60 per share and had 54,452 shares valued at $13.29 per share delivered or withheld. These shares were used for payment of exercise price or tax liability associated with the exercises.

Did the CRD Form 4 indicate any open-market buying or selling by the CEO?

The Form 4 shows no open-market purchases or sales. Reported transactions are option exercises (code M) that converted options into Class A Common Stock and a code F transaction for payment of exercise price or tax liability using shares.

Were the CRD CEO’s options in this filing time-vested grants?

Yes. Footnotes state each employee stock option became exercisable as to approximately one-third of the original grant per year, starting on the dates indicated for each grant, confirming a time-vested exercise schedule for these options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/20/2026 - 12:09 PM Accepted by SEC EDGAR 08/20/2026 - 12:09 PM Learn about SEC filing dates

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
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^*

SWAIN WILLIAM B JR

(Last) (First) (Middle)

C/O CRAWFORD & COMPANY

5335 TRIANGLE PKWY

(Street)

PEACHTREE CORNERS GEORGIA 30092

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	08/20/2026		M		35,919	A	$9.22	387,894	D
Class A Common Stock	08/20/2026		M		36,010	A	$8.6	423,904	D
Class A Common Stock	08/20/2026		F		54,452	D	$13.29	369,452	D

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)	$9.22	08/20/2026		M			35,919	02/08/2018(1)	02/08/2027	Class A Common Stock	35,919	$0	0	D
Employee Stock Option (right to buy)	$8.6	08/20/2026		M			36,010	02/07/2019(2)	02/07/2028	Class A Common Stock	36,010	$0	0	D

Explanation of Responses:

1. Option became exercisable as to approximately 1/3 of original grant amount per year commencing date indicated.

2. Option became exercisable as to approximately 1/3 of original grant amount per year commencing date indicated.

	/s/ William B Swain	08/20/2026
	** 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.
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* Form 4: SEC 1474 (03-26)