D'Iorio Anthony M. 4

What Happened

• Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co (CR), had restricted share units (RSUs) vest and convert into common stock on Feb 6–7, 2026. A total of 962 RSUs converted one-for-one into 962 shares. To satisfy tax withholding, 241 shares were surrendered on Feb 6 (at $187.78 each, $45,255) and 252 shares were surrendered on Feb 7 (at $196.22 each, $49,447), for total proceeds of $94,702. After withholding, D'Iorio received a net 469 shares.

Key Details

• Transaction dates and prices:
  • 2026-02-06: 470 RSUs vested and converted to 470 shares (code M); 241 shares withheld to cover taxes (code F) at $187.78/share = $45,255.
  • 2026-02-07: 492 RSUs vested and converted to 492 shares (code M); 252 shares withheld to cover taxes (code F) at $196.22/share = $49,447.
• Net shares issued to insider after withholding: 469 shares (229 from the Feb 6 vesting, 240 from the Feb 7 vesting).
• Notable footnotes:
  • F1/F2: Vesting of previously reported RSUs (470 and 492).
  • F3: RSUs convert into common stock one-for-one.
  • F4: RSUs vest ratably in four equal installments beginning on the first anniversary of the grant.
• Filing timeliness: Form filed 2026-02-10 for transactions on Feb 6–7; filing appears timely under the two-business-day Form 4 rule.

Context

• These were RSU vestings and share-withholding for tax obligations (routine administrative disposals), not open-market sales. The M code indicates conversion/exercise of a derivative (RSU conversion); the F code indicates shares surrendered to satisfy taxes. Such withholdings are standard and do not necessarily indicate a change in insider sentiment.