Papanikolaou Marijane V. 4

What Happened Marijane Papanikolaou, Vice President, Controller & Chief Accounting Officer of Crane Co (CR), had 508 restricted share units (RSUs) convert into 508 shares of common stock on April 24, 2026. The RSUs converted at no exercise price ($0.00), and 236 of the resulting shares were withheld to satisfy tax withholding obligations at an implied value of $180.42 per share, resulting in $42,579 withheld. After the withholding, she retained a net 272 shares from this vesting event. The filing reports the conversion (code M) and the tax withholding (code F).

Key Details

• Transaction date: April 24, 2026.
• Conversion: 508 RSUs converted to 508 common shares (acquired at $0.00).
• Withholding: 236 shares disposed/withheld to cover taxes at $180.42 per share = $42,579.
• Net shares retained from the vesting: 272 shares (508 acquired − 236 withheld).
• Footnotes: F1 = vesting of 508 previously reported RSUs; F2 = RSUs convert one-for-one into common stock; F3 = RSUs vest ratably in four equal installments beginning on the first anniversary of the grant.
• Shares owned after the transaction: not reported in the provided filing details.
• Filing timeliness: Form 4 filed Apr 28, 2026 for an Apr 24, 2026 transaction (filed within the usual two business-day window).

Context This was a routine RSU vesting event, not an open-market purchase or sale for investment purposes. The 236-share disposition represents tax withholding rather than a discretionary sale; such withholdings are common when equity awards vest and do not necessarily indicate the insider’s view on the stock.