Alcala Alejandro 4
Research Summary
AI-generated summary
Crane (CR) Exec VP Alejandro Alcala Receives Restricted Shares
What Happened
- Alejandro Alcala, Executive Vice President & Chief Operating Officer of Crane Co (CR), had 501 previously granted Restricted Share Units (RSUs) vest on Feb 12, 2026. The RSUs converted one-for-one into 501 common shares (reported as exercise/conversion of a derivative at $0.00). To satisfy tax withholding, 198 of those shares were surrendered at a per-share value of $200.61 for a total tax withholding of $39,721. Net shares received by Alcala from the vesting were 303 shares (501 vested − 198 withheld). This was a compensation vesting event, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-12
- Conversion/vesting: 501 RSUs converted into 501 common shares (reported at $0.00)
- Tax withholding: 198 shares withheld at $200.61/share; total $39,721
- Net new shares to insider: 303 shares
- Footnotes: F1 = vesting of 501 previously reported RSUs; F2 = RSUs convert 1:1; F3 = RSUs vest ratably over four years starting one year after grant
- Filing timeliness: Form 4 filed 2026-02-17 for a 2026-02-12 transaction — this appears to be a late filing (may be outside the usual 2-business-day window)
Context
- These entries reflect routine equity compensation vesting and share withholding to cover tax obligations (a common, non‑market‑sentiment event). The RSUs converted at no exercise price (reported $0.00), and shares were not sold on the open market as part of this transaction.