Thomas Larry Climeteen 4

What Happened
Thomas Larry Climeteen, Executive Vice President of Crawford & Co (CRDA), was granted 31,810 shares on 2026-03-11 (reported 2026-03-12). To satisfy tax obligations, 12,816 of those shares were surrendered/withheld at $10.76 per share, a withholding value of approximately $137,900. Net issuance to Climeteen from this event was 18,994 shares (31,810 granted minus 12,816 withheld). The grant entry shows an acquisition at $0.00, consistent with an equity award/vesting rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (appears timely).
• Award: 31,810 shares received (code A) reported at $0.00.
• Withholding/payment: 12,816 shares disposed (code F) at $10.76 each = $137,900 total to cover tax/exercise obligations.
• Net shares issued to insider from this event: +18,994 shares.
• Shares owned after transaction: not specified in the information provided in this summary.
• Notable: Code F indicates shares were surrendered to pay tax liability or exercise price (routine tax withholding).

Context

• This appears to be a compensation-related equity award (e.g., restricted stock or RSU vesting) with shares withheld to satisfy taxes — a common, administrative transaction that does not necessarily indicate a buy/sell decision on the market.
• For retail investors: awards increase an insider’s stake (net here), but tax-withholding disposals are routine and should not be read as a market-timing sale.