Lynch Susan D 4

What Happened

• Susan D. Lynch, a director of Crane Co (CR), was granted 874 restricted share units (RSUs) on April 27, 2026. The Form 4 reports these as a derivative award (Code A) at $0.00 per unit — i.e., an equity grant rather than a cash purchase or sale. RSUs convert into common stock on a one-for-one basis when they vest.

Key Details

• Transaction date: 2026-04-27; Form 4 filed: 2026-04-29 (filed timely).
• Transaction type/code: Award of restricted share units (A); reported as derivative securities.
• Shares/units granted: 874 RSUs at $0.00 (no cash exchanged at grant).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Important 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 or the next annual meeting, subject to continued board service; unvested units are forfeited upon termination of board service except for death or change in control.

Context

• RSU grants to directors are common compensation for board service. This award is a grant (not a market purchase or sale) and does not by itself signal the director buying or selling shares. When RSUs vest and convert to shares, they may dilute existing shareholders modestly; timing and tax-related sales (if any) would be reported later if applicable.