Alcala Alejandro 4
Research Summary
AI-generated summary
Crane (CR) Exec. VP & COO Alejandro Alcala Receives 432 RSUs
What Happened
Alejandro Alcala, Executive Vice President & Chief Operating Officer of Crane Co (CR), had 432 restricted share units (RSUs) vest on February 10, 2026. The RSUs converted into 432 common shares at $0.00 per share (a non‑cash award). To satisfy tax withholding, 170 of those shares were disposed at $199.99 each for a total withholding value of $33,998, leaving a net increase of 262 shares to Alcala’s holdings.
Key Details
- Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-12).
- Vesting/conversion: 432 RSUs converted one-for-one into common shares (reported as derivative exercise/conversion, code M) at $0.00 per share.
- Tax withholding: 170 shares were withheld/disposed (code F) at $199.99/share, totaling $33,998.
- Net shares received: 432 vested − 170 withheld = 262 net shares added.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnotes: F1 = vesting of 432 previously reported RSUs; F2 = RSUs convert one-for-one; F3 = RSUs vest ratably in four equal installments beginning on the first anniversary of the grant.
Context
This was compensation-related (RSU vesting) rather than an open-market buy or sale. The disposition of 170 shares was solely to cover tax obligations (a routine administrative withholding), not a market sale for investment purposes. Such vesting events are common for executives and do not, by themselves, indicate a buying or selling signal.