Polmanteer Tamara S. 4

What Happened
Tamara S. Polmanteer, Executive Vice President & Chief Human Resources Officer of Crane Co (CR), received three equity awards on February 9, 2026 totaling 3,952 derivative units (1,500; 1,702; 750). The awards were granted at $0 per unit (reported acquisition value $0) and are structured as a mix of performance-based and time‑based restricted share units rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-09 (Form 4 filed 2026-02-11; filing appears timely).
• Reported consideration: $0 (these are grants/awards, not cash purchases).
• Total units granted: 3,952 (1,500 + 1,702 + 750). Reported as derivative awards (RSUs/PSUs).
• Ownership after transaction: not disclosed in this filing.
• Notable footnotes from the filing:
  • F1/F2: 2026 Performance‑Based RSUs may convert to between 0 and 2.00 shares each depending on multi‑year performance and vest only if performance targets are met and employment continues (vesting date referenced: Dec 31, 2028).
  • F4/F5: Time‑based Restricted Share Units convert 1:1 to common stock and vest ratably in four equal installments beginning on the first anniversary of the grant.
  • F3 (plan note): describes typical option vesting schedules but does not directly apply to these RSU/PSU grants.
• Transaction type code: "A" = award/grant.

Context
These are compensation awards (derivative grants) and do not represent an immediate cash purchase or sale of Crane stock. Performance‑based RSUs are contingent on future company performance and continued employment, so actual future shares received could be zero up to a multiple (per F1). Time‑based RSUs convert one‑for‑one and vest over four years, signaling retention incentives rather than an immediate insider market position change.