Feldman Jason D. 4

4 · Crane Co · Filed Feb 11, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Crane (CR) SVP Jason Feldman Receives Award of 1,647 Equity Units

What Happened

Jason D. Feldman, Senior Vice President, Investor Relations, Treasury & Tax at Crane Co., received three equity awards on Feb 9, 2026: 625 derivative units, 709 performance-based RSUs, and 313 restricted share units. All were granted at $0.00 per unit (award/grant), so no cash changed hands.
The awards total 1,647 units. The 709 performance-based RSUs can pay out between 0 and 2.00 times the target (i.e., up to 1,418 shares if the maximum performance multiplier is achieved). The 313 restricted share units convert one-for-one into common stock and vest ratably over four years per the filing.

Key Details

Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (timely filing, within the usual two-business-day window).
Grants and amounts: 625 units (derivative award) @ $0.00; 709 Performance-Based RSUs @ $0.00 (contingent payout 0–2.00x); 313 Restricted Share Units @ $0.00.
Vesting/performance: Performance RSUs vest Dec 31, 2028 if performance targets are met and employment continues; time-based RSUs vest ratably in four equal installments beginning on the first anniversary of the grant.
Shares owned after transaction: Not specified in the summary provided (check the full Form 4 for total holdings).
Notable footnotes in the filing explain the performance multiplier and the time-based RSU conversion/vesting schedule. No 10b5-1 plan, tax-withholding sale, or gift code is indicated for these entries.

Context

These are awards (grants of restricted and performance-based units), not open-market purchases or sales. Awards are commonly used for long-term retention and alignment with company performance; the performance RSUs will only convert to actual shares if performance goals are met and vesting conditions are satisfied.
Because the performance RSUs can pay out at up to 2x, the eventual number of shares delivered from this grant could be higher than the 1,647 units reported today — but that depends entirely on future performance and continued employment.

Form 4

Period: 2026-02-09

SVP, IR, Treasury & Tax

Transactions

Award
2026 Performance-Based RSU
[F1][F2]
2026-02-09+625→ 625 total
→ Common Stock (625 underlying)
Award
Employee Stock Option (Right to Buy)
[F3]
2026-02-09+709→ 709 total
Exercise: $199.99Exp: 2036-02-09→ Common Stock (709 underlying)
Award
Restricted Share Unit
[F4][F5]
2026-02-09+313→ 3,103 total
→ Common Stock (313 underlying)

Footnotes (5)

[F1]Each 2026 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00.
[F2]2026 Performance-Based RSUs vest on December 31, 2028, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2028, and contingent on continued employment with Crane Company, subject to certain exceptions.
[F3]Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
[F4]Restricted Share Units convert into common stock on a one-for-one basis.
[F5]Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

Signature

/s/ Attorney In Fact, Anthony M. D'Iorio|2026-02-11

1 file