Alcala Alejandro 4
Research Summary
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Crane Co (CR) EVP/COO Alejandro Alcala Exercises RSUs, Sells Shares
What Happened Alejandro Alcala, Executive Vice President & Chief Operating Officer of Crane Co (CR), had previously granted Restricted Share Units (RSUs) vest and convert into common stock. On 2026-02-06 and 2026-02-07 a total of 821 RSUs vested (391 on Feb 6 and 430 on Feb 7) and converted one-for-one into 821 shares. To cover tax withholding, 154 shares were surrendered on Feb 6 at $187.78 ($28,918) and 170 shares were surrendered on Feb 7 at $196.22 ($33,357), for total tax-withheld proceeds of $62,275. The RSU conversions show $0 exercise price.
Key Details
- Transaction dates: 2026-02-06 (391 RSUs vest; 154 shares withheld at $187.78) and 2026-02-07 (430 RSUs vest; 170 shares withheld at $196.22).
- Shares acquired via conversion: 821 total; shares withheld for taxes: 324; net shares added from these vestings: 497.
- Total cash value of shares withheld for taxes: $28,918 + $33,357 = $62,275.
- Footnotes: F1/F2 = vesting of the referenced RSUs; F3 = RSUs convert one-for-one into common stock; F4 = RSUs vest ratably in four equal installments beginning on the first anniversary of the grant; F5 = filing contains an administrative adjustment of 956 shares (details not specified).
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price or tax withholding.
- Filing: Report filed 2026-02-10 for transactions on 2026-02-06 and 2026-02-07. This appears to be within the SEC’s two-business-day Form 4 deadline (timely).
- Post-transaction total holdings: not specified in the provided filing details.
Context These transactions reflect routine vesting of executive RSUs and the customary surrender/withholding of shares to cover tax liabilities (similar to a cashless withholding). This is not an open-market sale by the insider (other than the withheld shares for taxes) and does not necessarily indicate a change in insider sentiment. The filing also notes an administrative adjustment of 956 shares; the filing does not explain how that adjustment affects total reported holdings.