D'Iorio Anthony M. 4

What Happened
Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co. (CR), received 5,217 shares on January 26, 2026 when 2023 performance-based RSUs converted into common stock. To cover tax withholding, Crane withheld 2,707 of those shares at $204.24 each, a withholding value of $552,878. The underlying 3,759 performance RSUs were terminated on conversion.

Key Details

• Transaction date: January 26, 2026; Form 4 filed January 28, 2026 (appears timely — within the two-business-day period).
• Conversion: 3,759 Performance-Based RSUs converted into 5,217 common shares (conversion ratio = 1.388 shares per RSU).
• Withholding/tax: 2,707 shares withheld/disposed at $204.24 per share; total withholding value reported $552,878 (code F).
• Net shares delivered to insider after withholding: 5,217 − 2,707 = 2,510 shares.
• The filing shows a derivative disposition of 3,759 units (the RSUs) with $0 value — this reflects the termination/conversion of the RSU rights.
• No total post-transaction beneficial ownership figure was provided in the excerpt.

Context

• This was an award/settlement of performance-based RSUs, not an open-market purchase or sale. Such actions are typically part of compensation and vesting schedules rather than a direct buy/sell signal about the insider’s market view.
• The withholding of shares to cover taxes is a routine, cashless settlement method.
• For retail investors: note this is company compensation being settled, so interpret differently than a voluntary insider buy or sale.