Papanikolaou Marijane V. 4

What Happened Marijane V. Papanikolaou, VP, Controller & CAO of Crane Co (CR), had 72 previously granted Restricted Share Units (RSUs vest) convert into 72 common shares on February 10, 2026. Of those, 34 shares were withheld to satisfy tax withholding (reported as a disposition) at $199.99 per share (approximately $6,800). The net outcome is the receipt of 38 shares by the insider.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12.
• Vesting/conversion: 72 RSUs converted one-for-one into 72 common shares (code M).
• Tax withholding: 34 shares surrendered to cover tax liability at $199.99/share (code F), total ~$6,800.
• Net shares delivered to insider: 38 shares (72 acquired − 34 withheld).
• Footnotes: F1 = vesting of 72 previously reported RSUs; F2 = 1-for-1 conversion; F3 = RSUs vest ratably in four equal installments starting on the first anniversary of the grant.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form filed two days after the transaction date (within typical 2-business-day reporting window).

Context This was an RSU vesting event with shares withheld to satisfy tax obligations (a common administrative step), not an open-market purchase or sale indicating directional trading intent. "M" entries reflect conversion/exercise of the derivative RSU award; "F" reflects the tax withholding disposition. Such withholding is routine and should be interpreted as tax settlement of the award rather than a discretionary sale for cash.