|4Feb 10, 4:51 PM ET

Maue Richard A 4

Research Summary

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Crane (CR) CFO Richard Maue Receives RSUs, Sells Shares for Taxes

What Happened

  • Richard A. Maue, Executive Vice President & Chief Financial Officer of Crane Co (CR), had 1,478 restricted share units (RSUs) vest on Feb 6–7, 2026. The RSUs converted one-for-one into common shares (coded as derivative conversions). To satisfy tax withholding, 315 shares were withheld/sold on Feb 6 at $187.78 ($59,151) and 371 shares were withheld/sold on Feb 7 at $196.22 ($72,798). In total $131,949 was realized through the tax-withholding disposition, leaving 792 net shares issued to Maue after withholding.

Key Details

  • Dates and prices:
    • Feb 6, 2026: 679 RSUs vested and converted to 679 shares (M); 315 shares withheld/sold at $187.78 for $59,151 (F).
    • Feb 7, 2026: 799 RSUs vested and converted to 799 shares (M); 371 shares withheld/sold at $196.22 for $72,798 (F).
  • Net result: 1,478 shares issued on vesting; 686 shares withheld/sold for taxes; 792 shares retained by the insider.
  • Footnotes:
    • F1/F2: Represent vesting of previously reported RSUs (679 and 799).
    • F3: RSUs convert into common stock on a one-for-one basis.
    • F4: RSUs vest ratably in four equal installments beginning on the first anniversary of the grant date.
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion here); F = payment of exercise price or tax liability (withholding sale).
  • Shares owned after transaction: filing did not disclose total beneficial holdings; filing shows the net 792 shares retained from this vesting.
  • Filing timeliness: Transactions dated Feb 6–7 were reported on a Form 4 filed Feb 10, 2026, which is within the standard two business-day reporting window.

Context

  • This is a routine RSU vesting event and a sell-to-cover for tax withholding, not an open-market sale or a discretionary divestiture. Such withholding sales are common and generally reflect tax obligations rather than a change in insider sentiment.