Rosen Steven H 4

4 · CRAWFORD UNITED Corp · Filed Feb 6, 2026

AI-generated summary of this filing

Updated Feb 6, 2026

Crawford United (CRAWA) 10% Owner Steven H. Rosen Sells Shares in Merger

What Happened

Steven H. Rosen, a reporting person identified as a 10% owner, disposed of a total of 451,453 Crawford United common shares (30,250; 336,203; 85,000) on February 6, 2026.
The dispositions were "to the issuer" in connection with the company’s merger; under the Merger Agreement each outstanding common share was converted into the right to receive $83.8636 per share, resulting in approximately $37.86 million in cash consideration. This was a merger-related disposition (not an open-market sale).

Key Details

Transaction date: 2026-02-06.
Shares disposed: 30,250; 336,203; and 85,000 — total 451,453 shares.
Per-share cash consideration: $83.8636; approximate total value: $37,860,474.
Shares owned after transaction: the reported common shares were converted into cash under the merger (effectively no remaining public common shares).
Footnotes: reported securities included holdings held directly by Seven Investors, LLC (42,500 Class B; 168,101 Class A) and the LJNP Investment Trust (42,500 Class B; 168,102 Class A); Rosen disclaims beneficial ownership of those securities except for any pecuniary interest.
Filing timeliness: Reported with period and filing date of 2026-02-06; no late filing flag indicated.

Context

This was a corporate action (merger) causing conversion of shares into cash per the Merger Agreement, not an open-market insider sale. For a 10% owner, the transaction reflects institutional liquidity from the deal rather than trading sentiment.

Form 4

Period: 2026-02-06

Director10% Owner

Transactions

Disposition to Issuer
Class A Common Shares
[F1]
2026-02-06−30,250→ 0 total
Disposition to Issuer
Class A Common Shares
[F1][F2]
2026-02-06−336,203→ 0 total(indirect: See Footnote)
Disposition to Issuer
Class B Common Shares
[F1][F2]
2026-02-06−85,000→ 0 total(indirect: See Footnote)

Footnotes (2)

[F1]Pursuant to the Agreement and Plan of Merger dated December 5, 2025 (the "Merger Agreement"), by and among SPX Enterprises, LLC, a Delaware limited liability company ("Parent"), Project King Acquisition, Inc., an Ohio corporation and a wholly owned subsidiary of Parent ("Merger Sub"), and Crawford United Corporation, an Ohio corporation (the "Company"), the Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of the Parent (the "Merger"). At the effective time of the Merger, each issued and outstanding common share of the Company was converted automatically into the right to receive cash in an amount equal to $83.8636 per share without interest, net of all applicable withholding taxes.
[F2]The securities reported herein include (i) 42,500 Class B Common Shares and 168,101 Class A Common Shares owned directly by Seven Investors, LLC and (ii) 42,500 Class B Common Shares and 168,102 Class A Common Shares owned directly by the LJNP Investment Trust. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of the reported securities, except to his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Signature

/s/ Steven Rosen|2026-02-06

1 file