|4Jan 28, 4:51 PM ET

Maue Richard A 4

Research Summary

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Crane (CR) CFO Richard Maue Exercises RSUs, Sells Shares for Tax

What Happened

  • Richard A. Maue, Executive Vice President & CFO of Crane Co. (CR), had 2023 performance-based RSUs convert into common shares on Jan 26, 2026. The filing shows 7,537 shares reported as acquired (conversion) and an additional 5,430 shares reported in a derivative-related disposition. Separately, 3,527 shares were disposed to satisfy tax withholding at $204.24 per share, totaling approximately $720,354.

Key Details

  • Transaction date: January 26, 2026; Form 4 filed January 28, 2026 (timely).
  • Reported entries:
    • M (exercise/conversion of derivative): 7,537 shares acquired @ $0.00
    • F (payment of exercise price / tax liability): 3,527 shares disposed @ $204.24 → $720,354
    • M (exercise/conversion of derivative): 5,430 shares disposed @ $0.00 (derivative entry)
  • Footnote: Each 2023 Performance-Based RSU converted into the right to receive 1.388 shares of common stock on Jan 26, 2026.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • No 10b5-1 plan or late filing noted in the provided data.

Context

  • This was a conversion of performance-based RSUs and a tax-withholding-related share disposition — not an open-market sale. The F-code disposition represents shares surrendered/withheld to cover tax obligations resulting from the RSU conversion, which is routine and does not necessarily signal the insider’s view on the company’s stock. M-code entries indicate conversion/exercise of derivative awards (RSUs).