Feldman Jason D. 4

4 · Crane Co · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Crane (CR) SVP Jason Feldman Exercises Options and Sells Shares

What Happened

Jason D. Feldman, SVP, Investor Relations, Treasury & Tax at Crane Co. (CR), had 501 restricted share units (RSUs) vest and converted into common shares, exercised 2,693 stock options, and sold the 2,693 shares in the open market. The option exercise cost was $51.32 per share (total ~$138,205); the open‑market sale price was a weighted average $201.95 per share, generating proceeds of about $543,851. Separately, 256 shares were surrendered/withheld to cover tax liabilities at ~$200.61 per share (proceeds/withholding value ~$51,356).

Key Details

Transaction dates: RSU vesting and tax withholding recorded 2026-02-12; option exercise and open-market sale recorded 2026-02-13.
Option exercise: 2,693 shares exercised at $51.32 (total ~$138k).
Open-market sale: 2,693 shares sold at a weighted avg $201.95 (total ~$543.9k). Footnote states weighted average sale price $201.95.
Tax withholding: 256 shares withheld/surrendered at $200.61 (value ~$51,356) to satisfy tax obligations.
RSUs: 501 RSUs vested and converted one-for-one into common shares (footnotes: vesting of 501 RSUs; RSUs convert 1:1 and vest ratably over four years).
Options background: Options were granted 01/30/2017, ten‑year term, vested 25% per year over four years.
Shares owned after the transactions: not specified in the filing.
Filing timing: Form filed 2026-02-17 reporting transactions on 2026-02-12/13; this appears outside the typical two-business-day Form 4 reporting window and may be late.

Context

This was effectively a cashless exercise: Mr. Feldman exercised options and the shares from the exercise were sold in the open market the next day.
The RSU entry reflects scheduled vesting (not a market purchase). Tax withholding via share surrender is routine and does not by itself indicate sentiment.
All amounts and footnote details reported in the Form 4; no speculative reasons for the transactions are stated.

Form 4

Period: 2026-02-12

SVP, IR, Treasury & Tax

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-12+501→ 10,895 total
Tax Payment
Common Stock
2026-02-12$200.61/sh−256$51,356→ 10,639 total
Exercise/Conversion
Common Stock
2026-02-13$51.32/sh+2,693$138,205→ 13,332 total
Sale
Common Stock
[F2]
2026-02-13$201.95/sh−2,693$543,851→ 10,639 total
Exercise/Conversion
Restricted Share Unit
[F3][F4]
2026-02-12−501→ 2,512 total
→ Common Stock (501 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
[F5]
2026-02-13−2,693→ 0 total
Exercise: $51.32Exp: 2027-01-30→ Common Stock (2,693 underlying)

Holdings

Footnotes (5)

[F1]Represents vesting of 501 previously reported Restricted Share Units.
[F2]Weighted average price at which shares were sold at $201.95. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold.
[F3]Restricted Share Units convert into common stock on a one-for-one basis.
[F4]Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
[F5]The options were granted 1/30/2017 with a ten-year term and vested 25% each year over four years.

Signature

/s/ Attorney In Fact, Anthony M. D'Iorio|2026-02-17

1 file