SWAIN WILLIAM B JR 4
4 · CRAWFORD & CO · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Crawford & Co (CRDA) CEO William Swain Receives Award; 14,364 Shares Withheld
What Happened
William B. Swain Jr., Interim CEO & President and a director of Crawford & Co (CRDA), was granted 31,810 shares on 2026-03-11 (transaction code A — award/grant). To cover tax withholding (transaction code F), 14,364 of those shares were surrendered/treated as disposed at $10.76 per share, producing proceeds of $154,557. The award itself shows an acquisition price of $0.00 per share (typical for restricted stock or RSU grants).
Key Details
- Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-12).
- Award: 31,810 shares granted (A) at $0.00 per share.
- Tax withholding: 14,364 shares disposed (F) at $10.76 per share; proceeds reported as $154,557.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filed the next day (no late filing flag noted).
- Notes: F = shares withheld/used to satisfy tax withholding on the award.
Context
This was a stock award to an executive with a routine tax-withholding disposition; withholding of shares to cover taxes is common and does not by itself indicate a broader buy or sell decision. The net effect is an increase in total awarded shares to Swain, with a portion retained by the company (or otherwise surrendered) to satisfy taxes.
Insider Transaction Report
- Award
Class A Common Stock
2026-03-11+31,810→ 366,339 total - Tax Payment
Class A Common Stock
2026-03-11$10.76/sh−14,364$154,557→ 351,975 total