BENANTE MARTIN R 4

What Happened
Martin R. Benante, a director of Crane Co (CR), was granted/acquired 44 shares on 2026-01-26. The Form 4 reports the acquisition as code "A" (award/grant) at a reported price of $0.00 (value recorded as $0) because the shares were issued in lieu of a portion of his cash retainer. This is compensation-related stock issuance, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (timely filing).
• Shares acquired: 44; reported price: $0.00; reported total value: $0.
• Footnote: Shares were granted as part of the reporting person’s election to receive a portion of the cash retainer for board services in fully vested shares (Footnote F1).
• Shares owned after the transaction: not stated in the provided data.
• Transaction code: A = Award/Grant. No indication this was a sale or option exercise.

Context
Director equity awards elected in lieu of cash are common and reflect compensation choices rather than a direct buy/sell signal about the stock. Because these shares are fully vested on issuance (per the footnote), they are not restricted by a vesting schedule. This type of filing is typically routine for board compensation disclosures.