D'Iorio Anthony M. 4
Research Summary
AI-generated summary
Crane Co (CR) EVP Anthony D'Iorio Receives RSU Vesting
What Happened
- Anthony M. D'Iorio, Executive Vice President, General Counsel & Secretary of Crane Co, had 451 previously granted Restricted Share Units (RSUs) vest on Feb 12, 2026. The RSUs converted one-for-one into 451 shares (transaction code M). To cover tax withholding, 231 of those shares were surrendered (transaction code F) at $200.61 per share, totaling $46,341. Net shares retained by D'Iorio from this vesting were 220 shares.
Key Details
- Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-17)
- Conversion: 451 RSUs -> 451 common shares (code M, acquired)
- Tax withholding: 231 shares disposed at $200.61 each for $46,341 (code F)
- Net shares retained: 220 (451 acquired − 231 withheld)
- Footnotes: RSUs were previously reported, convert 1-for-1, and vest ratably in four equal installments beginning on the first anniversary of the grant (per filing)
- Timeliness: Form 4 was filed on Feb 17, 2026; filing is within the SEC two-business-day window (Feb 16 was a federal holiday)
Context
- This was a routine vesting of previously granted RSUs, not an open-market purchase or sale. The surrender of shares to satisfy tax withholding is common and does not necessarily indicate a change in insider sentiment. The filing reports the mechanics of the award conversion and tax withholding rather than a voluntary sale.