|4Feb 11, 4:50 PM ET

Alcala Alejandro 4

Research Summary

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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.