D'Iorio Anthony M. 4

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.