Polmanteer Tamara S. 4
Research Summary
AI-generated summary
Crane (CR) EVP/CHRO Tamara Polmanteer Receives RSU Shares
What Happened
- Tamara S. Polmanteer, Executive Vice President & Chief Human Resources Officer of Crane Co (CR), had 301 restricted share units (RSUs) vest on Feb 12, 2026. The RSUs converted one-for-one into 301 common shares. To satisfy tax withholding, 140 of those shares were surrendered/withheld at $200.61 per share, totaling $28,085. The result was 161 shares issued to her net of withholding.
- This is not an open-market purchase or voluntary sale; it’s the routine conversion/vesting of an equity award with shares withheld for taxes.
Key Details
- Transaction date: 2026-02-12. Form 4 filed: 2026-02-17.
- Vesting/conversion: 301 RSUs -> 301 common shares (conversion price $0.00). Tax withholding/disposition: 140 shares at $200.61 each, totaling $28,085.
- Net shares issued to insider after withholding: 161 shares from this vesting event.
- Footnotes: F1 indicates these were previously reported RSUs that vested; F2 confirms 1-for-1 conversion into common stock; F3 notes the RSUs vest ratably in four equal installments beginning on the first anniversary of the grant.
- Filing timeliness: The Form 4 was filed five days after the transaction (Feb 17 vs. Feb 12), which is outside the typical two-business-day Form 4 reporting window and may be considered late.
Context
- RSU vesting and share withholding for taxes is a common, administrative insider transaction and does not necessarily signal a buy or sell intent in the market. The withheld shares were used solely to cover tax obligations (a tax-withholding disposition), not an open-market sale.