Crane Co|4Feb 11, 4:50 PM ET

Alcala Alejandro 4

4 · Crane Co · Filed Feb 11, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Crane (CR) EVP & COO Alejandro Alcala Receives Equity Awards

What Happened

Alejandro Alcala, Executive Vice President & Chief Operating Officer of Crane Co (CR), received three equity awards on 2026-02-09 totaling 27,335 restricted share units (RSUs): 11,413 RSUs (performance-based), 11,772 RSUs (performance-based), and 4,150 RSUs (time-based). All awards were granted at $0.00 (typical for stock awards) and reported on an SEC Form 4 filed 2026-02-11. These are grants (award code A), not open-market purchases or sales.

Key Details

Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears timely).
Grant details: 11,413 PB RSUs (F1/F2), 11,772 PB RSUs (F1/F2), 4,150 time-based RSUs (F4/F5). Total units granted = 27,335.
Potential payout: Each 2026 performance-based RSU may convert to between 0 and 2.0 shares depending on performance — if paid at the maximum factor, the two performance awards (23,185 units) could yield up to 46,370 shares; together with the 4,150 time-based RSUs, the maximum possible shares on vesting could be up to 50,520. These outcomes are contingent on meeting performance metrics and continued employment.
Vesting: Performance RSUs vest on 12/31/2028 subject to multi-year performance criteria and continued employment (F2). Time-based RSUs convert 1-for-1 and vest ratably over four years beginning on the first anniversary (F4/F5).
Shares owned after transaction: not specified in the filing.

Context

These were equity awards (A) — not purchases or sales — so they reflect compensation, not an immediate bullish or bearish insider market action. Performance RSUs are conditional and may pay out 0–2x the units depending on results; time-based RSUs vest over time and convert one-for-one into common shares upon vesting.

Form 4

Period: 2026-02-09

Exec. V.P. & Chief Op. Officer

Transactions

Award
2026 Performance-Based RSU
[F1][F2]
2026-02-09+11,413→ 11,413 total
→ Common Stock (11,413 underlying)
Award
Employee Stock Option (Right to Buy)
[F3]
2026-02-09+11,772→ 11,772 total
Exercise: $199.99Exp: 2036-02-09→ Common Stock (11,772 underlying)
Award
Restricted Share Unit
[F4][F5]
2026-02-09+4,150→ 7,774 total
→ Common Stock (4,150 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