CRAWFORD EDWARD F 4

What Happened
Edward F. Crawford, a reported 10% owner of Crawford United Corporation (CRAWA), disposed of a total of 1,476,105 common shares on February 6, 2026. Per the Merger Agreement, each share was converted into the right to receive $83.8636 in cash, so the dispositions represent approximately $123.8 million in cash consideration. The reported transactions are dispositions to the issuer tied to the company’s merger with SPX Enterprises, LLC (see footnote F1).

Key Details

• Transaction date: 2026-02-06. Consideration: $83.8636 per share under the Merger Agreement (F1).
• Shares disposed (by lot): 56,370; 8,058; 38,462; 27,933; 282; 911,250; 433,750 — total 1,476,105 shares.
• Estimated proceeds: ~ $123,791,479.
• Shares owned after transaction: The filing shows these shares were converted to cash under the Merger; common shares were effectively cashed out per F1.
• Footnotes: F1 explains the merger cash-out; F2–F5 include standard beneficial-ownership disclaimers (trustee/member/spousal interests) for the reporting persons.
• Filing timeliness: Reported on 2026-02-06, the same date as the transactions (no late filing indicated).

Context

• This was not an open-market sale but a cash conversion under a merger—each outstanding common share was automatically converted into cash consideration.
• As a reported 10% owner, Crawford’s disposition reflects corporate-level treatment in the merger rather than an individual trading decision; footnotes clarify limited beneficial ownership disclosures.
• For retail investors: merger cash-outs return proceeds rather than signal active buying or selling in the public market; the filing documents the formal disposition and amount received.