Powers Brian E 4
4 · CRAWFORD UNITED Corp · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Crawford United (CRAWA) CEO Brian Powers Sells 79,233 Shares
What Happened
Brian E. Powers, CEO of Crawford United Corporation, disposed of 79,233 common shares on February 6, 2026. The shares were surrendered to the issuer as part of a merger; each share was converted into the right to receive $83.8636 in cash, for a total cash value of approximately $6,644,765. This was a disposition to the issuer under the Merger Agreement (i.e., a cash-out in connection with the merger), not an open-market sale.
Key Details
- Transaction date: 2026-02-06; Transaction code: D (Disposition to issuer)
- Per-share cash consideration: $83.8636; approximate total received: $6,644,765
- Shares owned after transaction: filing does not list remaining holdings; footnote states all issued and outstanding common shares were converted into cash in the Merger (so holders no longer retain those common shares)
- Footnote: Transaction occurred pursuant to the Agreement and Plan of Merger dated December 5, 2025, under which Crawford United became a wholly owned subsidiary of the buyer and each common share was cashed out.
- Filing timeliness: Reported with the same transaction date (no late filing indicated in the form)
Context
This was a corporate-transaction disposition tied to a merger (cash-out of shares), not a market-driven sale. For retail investors, such disposals reflect the mechanics of the deal (conversion to cash at a fixed per-share price) rather than a CEO signaling personal trading sentiment.
Insider Transaction Report
- Disposition to Issuer
Class A Common Shares
[F1]2026-02-06−79,233→ 0 total
Footnotes (1)
- [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.