|4Feb 11, 4:49 PM ET

D'Iorio Anthony M. 4

4 · Crane Co · Filed Feb 11, 2026

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Crane (CR) Exec. VP & GC Anthony D'Iorio Receives Equity Award

What Happened
Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co. (CR), received three equity awards on February 9, 2026: 2,375 RSUs, 2,695 RSUs and 1,188 RSUs, totaling 6,258 restricted stock units. These were reported as awards/grants (derivative securities) with $0 cash paid at grant.

Key Details

  • Transaction date: 2026-02-09; reported on Form 4 filed 2026-02-11 (appears timely).
  • Grants: 2,375; 2,695; and 1,188 RSUs — total 6,258 units. Reported price: $0.00 (award/derivative).
  • Footnote highlights:
    • Performance RSUs (2026 Performance-Based RSUs) may pay out between 0 and 2.00 shares per unit depending on multi-year performance (F1).
    • Performance RSUs vest contingent on achieving performance goals through December 31, 2028 and on continued employment (F2).
    • Time-based RSUs convert one-for-one into common stock and vest ratably over four years beginning on the first anniversary (F4, F5).
    • (F3 describes option vesting schedules but does not apply to these RSU grants.)
  • Shares owned after the transaction: not specified in the excerpt provided.

Context

  • These awards are grants of restricted stock units (derivative awards), not open‑market purchases or sales; no shares were sold or bought for cash at the time of grant.
  • Performance-based RSUs have contingent payout and vesting conditions—actual shares delivered may be fewer or greater (up to stated multiplier) depending on performance and continued employment.
  • For retail investors, grants are routine compensation for executives and do not by themselves indicate imminent buying or selling of shares.

Insider Transaction Report

Form 4
Period: 2026-02-09
D'Iorio Anthony M.
Exec. V.P., Gen. Couns. & Sec.
Transactions
  • Award

    2026 Performance-Based RSU

    [F1][F2]
    2026-02-09+2,3752,375 total
    Common Stock (2,375 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    [F3]
    2026-02-09+2,6952,695 total
    Exercise: $199.99Exp: 2036-02-09Common Stock (2,695 underlying)
  • Award

    Restricted Share Unit

    [F4][F5]
    2026-02-09+1,1884,380 total
    Common Stock (1,188 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

Documents

1 file
  • 4
    wk-form4_1770846561.xmlPrimary

    FORM 4