|4Feb 12, 4:52 PM ET

D'Iorio Anthony M. 4

Research Summary

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Crane Co (CR) EVP Anthony D'Iorio Receives Vesting RSUs

What Happened Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co (CR), had 342 restricted share units (RSUs) vest on February 10, 2026. The RSUs converted one-for-one into 342 shares of common stock (transaction code M). To satisfy tax withholding, 175 of those shares were surrendered at $199.99 per share (transaction code F), producing roughly $34,998 in withholding value. The insider received a net 167 shares (342 vested − 175 withheld). This was a vesting/tax-withholding event (compensation), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-10 (filed on 2026-02-12; filing appears timely)
  • Conversion: 342 RSUs → 342 common shares (1:1 conversion)
  • Tax withholding: 175 shares withheld at $199.99/share = $34,998 (reported as disposal)
  • Net shares delivered to insider: 167 shares
  • Footnotes: F1 = vesting of 342 previously reported RSUs; F2 = 1:1 conversion; F3 = RSUs vest ratably in four equal installments beginning on the first anniversary of the grant
  • Ownership after transaction: total post-transaction holdings not specified in the filing

Context

  • This was a routine compensation vesting event (award conversion and tax withholding), not an open-market sale or purchase. Withholding of shares to cover taxes is common and does not necessarily signal a change in the insider’s view of the stock.
  • Transaction codes: M indicates exercise/conversion of a derivative (here, RSUs converting to shares); F indicates shares surrendered to satisfy tax obligations.