Jimenez Luis Enrique 4

What Happened Luis Enrique Jimenez, a director of Crawford United Corporation (CRAWA), disposed of 13,650 common shares on February 6, 2026. The Form 4 reports the disposition to the issuer (transaction code D) and lists the per-share price as N/A; a filing footnote states the shares were converted in the merger into cash at $83.8636 per share, for a total of approximately $1,144,738.14. This was a corporate merger cash-out rather than an open-market sale by the insider.

Key Details

• Transaction date: February 6, 2026 (reported on Form 4 filed Feb 6, 2026).
• Transaction type/code: Disposition to issuer (D) due to merger; Form 4 price field shows N/A.
• Per-share merger consideration (footnote): $83.8636; total ≈ $1,144,738.14.
• Shares disposed: 13,650.
• Shares owned after transaction: effectively 0 common shares (shares converted to cash in the merger).
• Filing timeliness: Reported on the same date as the transaction (not flagged late).
• Notable footnote: Merger Agreement dated Dec 5, 2025 — Crawford United merged into a subsidiary of SPX Enterprises; each outstanding share converted into the stated cash amount.

Context This transaction reflects a corporate M&A cash-out — insiders received merger consideration for their shares. Such dispositions due to a merger are corporate actions and do not necessarily signal the insider’s view of the company’s future performance, unlike voluntary open-market sales.