Hoberman Michael J 4/A
Research Summary
AI-generated summary
Crawford & Co (CRDB) Exec VP Michael Hoberman Withholds 11,095 Shares
What Happened Michael J. Hoberman, Executive Vice President of Crawford & Co (CRDB), surrendered/withheld 11,095 shares on 2026-03-11 to cover an exercise price or tax liability. The shares were reported as disposed at a corrected price of $10.76 per share, for a total value of $119,382. This was a withholding/disposition tied to equity exercise/vesting rather than an open-market sale.
Key Details
- Transaction date: 2026-03-11; Filing date (amended): 2026-03-12
- Reported price: $10.76 per share; total value reported: $119,382
- Transaction code: F (payment of exercise price or tax liability — shares withheld/surrendered)
- Footnote: Amended filing corrects an earlier incorrect price entry of $11.00; correct price is $10.76
- Shares owned after transaction: Not disclosed in this filing
- Timeliness: Amended promptly (filed the day after the reported transaction); not indicated as late
Context A code F withholding typically follows an option exercise or vesting event and represents shares surrendered to cover taxes or exercise costs. Such withholdings are routine administrative actions and do not necessarily signal a deliberate market sell decision by the insider.