Hoberman Michael J 4

What Happened Michael J. Hoberman, Executive Vice President of Crawford & Co (CRDA/CRDB), was granted 22,267 shares (transaction code A) on 2026-03-11. To satisfy tax withholding obligations (transaction code F), 11,095 of those shares were surrendered at $11.00 per share, generating a withholding value of $122,045. Net shares retained from the award equal 11,172 (22,267 granted minus 11,095 withheld). The award shares are reported at $0.00 acquisition price (typical for restricted stock or RSU grants).

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely).
• Award: 22,267 shares acquired (code A) at $0.00.
• Tax withholding: 11,095 shares disposed/withheld (code F) at $11.00 = $122,045.
• Net shares retained from this award: 11,172.
• Shares owned after transaction: not disclosed in the supplied filing details.
• Notes: Code F indicates shares were withheld to satisfy tax liability (routine withholding, not an open-market sale).

Context This filing shows an equity award with shares withheld to cover taxes — a common administrative step when restricted stock or RSUs vest. Withholding of shares does not necessarily indicate a change in insider sentiment; it’s a standard way to meet tax obligations without a cash payment. The grant itself is a form of compensation rather than a purchase.