Crane Co·4

Feb 11, 4:46 PM ET

Papanikolaou Marijane V. 4

Research Summary

AI-generated summary

Updated

Crane Co (CR) VP Controller Marijane Papanikolaou Receives Equity Awards

What Happened
Marijane V. Papanikolaou, Vice President, Controller & Chief Accounting Officer of Crane Co (CR), received three equity awards on February 9, 2026: 500, 567 and 250 derivative units (total 1,317). Each award was granted at $0.00 (no cash paid). These are compensation grants (performance- and time-based equity) rather than open‑market purchases or sales.

Key Details

  • Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (filed within the typical two-business-day reporting window).
  • Grants: 500, 567 and 250 derivative units (total 1,317); price reported $0.00 (awarded).
  • Shares owned after transaction: not provided in the supplied details.
  • Footnotes indicate multiple award types and vesting rules:
    • Some awards are 2026 Performance-Based RSUs (contingent on performance through Dec 31, 2028 and continued employment).
    • Some awards are Restricted Share Units that convert one-for-one to common stock and vest ratably over four years.
    • Some awards reference option vesting (25% per year over four years).
  • Transaction code: A = Grant/Award. No tax withholding or 10b5-1 plan noted in the provided data.

Context
These are company compensation awards (derivative grants), not purchases or sales. Performance-based RSUs pay out only if specified performance goals are met and the recipient remains employed; time‑based RSUs convert to shares as they vest. Option-style awards (if present) vest over a multi‑year schedule. Such grants are routine for executives and reflect compensation structure rather than a direct buy/sell signal by the insider.