Maue Richard A 4
Research Summary
AI-generated summary
Crane Co (CR) CFO Richard Maue Receives Stock Awards
What Happened
- Richard A. Maue, Executive Vice President & Chief Financial Officer of Crane Co (CR), was granted three equity awards on Feb 9, 2026 totaling 8,893 derivative units: 3,375; 3,830; and 1,688 units. Each award is reported at $0.00 (i.e., granted as restricted/performance stock units rather than an open-market purchase).
Key Details
- Transaction date and price: Feb 9, 2026 — 3,375 @ $0.00; 3,830 @ $0.00; 1,688 @ $0.00 (all reported as “A” = Award/Grant).
- Total units granted: 8,893 derivative units.
- Shares/units owned after transaction: not specified in the provided filing excerpt.
- Filing: Report filed Feb 11, 2026 for the Feb 9 transaction (filed within the typical 2-business-day Form 4 window).
- Notable footnotes from the filing:
- Some awards are 2026 performance-based RSUs that may convert to between 0 and 2.00 shares per unit and vest Dec 31, 2028, contingent on multi-year performance and continued employment (F1, F2).
- Other awards are restricted share units that convert one-for-one into common stock and vest ratably over four years (F4, F5).
- The filing also lists an option vesting schedule (25%/50%/75%/100% over four years) though the reported Feb 9 items are RSU/performance awards (F3).
Context
- These are compensation awards (restricted and performance-based RSUs), not purchases or sales. Performance-based RSUs can pay out anywhere from zero up to a multiple of the awarded units depending on achievement of stated goals; time-based RSUs convert to one share per unit as they vest.
- Such awards are routine elements of executive pay and do not, by themselves, indicate the insider is buying or selling stock in the open market.