Crawford & Co (CRD) reports 298,685 trust share distributions
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CRAWFORD JESSE C
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 9,845 | $0.00 | -- |
| Other | Class A Common Stock | 288,840 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, Trust for Son)
Footnotes (1)
- Shares were distributed from Irrevocable Trust for which Reporting Person's spouse was Trustee to the Trust's beneficiary. Shares distributed from trust to trust beneficiary.
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.