Lindsay Ronald Carter 4
Research Summary
AI-generated summary
Crane Co (CR) Director Lindsay Ronald Carter Receives RSU Award
What Happened
- Lindsay Ronald Carter, a director of Crane Co (CR), was granted 874 restricted share units (RSUs) on 2026-04-27. The Form 4 records the acquisition price as $0.00 (award/derivative), meaning no cash purchase was reported. RSUs are a form of equity compensation rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-04-27; transaction type: Award/Grant (code A); price per unit reported: $0.00.
- Number of units granted: 874 restricted share units (derivative securities).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting, subject to continued board service; unvested units are forfeited on termination except upon death or a change in control.
- Timeliness: Filing shows the transaction date and report date (period of report 2026-04-27; filed 2026-04-29). No late-filing flag indicated in the provided data.
Context
- These RSUs are a standard form of director compensation and do not represent an open-market purchase or sale. As derivative awards, they will convert to common shares one-for-one if and when they vest per the stated service-based schedule.