0000025445-23-000128.txt : 20231201 0000025445-23-000128.hdr.sgml : 20231201 20231201162224 ACCESSION NUMBER: 0000025445-23-000128 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231129 FILED AS OF DATE: 20231201 DATE AS OF CHANGE: 20231201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MITCHELL MAX H CENTRAL INDEX KEY: 0001283695 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 231459849 MAIL ADDRESS: STREET 1: CRANE CO STREET 2: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Crane NXT, Co. CENTRAL INDEX KEY: 0000025445 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 880706021 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: CRANE NXT, CO. STREET 2: 950 WINTER STREET, 4TH FLOOR CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 203-363-7300 MAIL ADDRESS: STREET 1: CRANE NXT, CO. STREET 2: 950 WINTER STREET, 4TH FLOOR CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: Crane Holdings, Co. DATE OF NAME CHANGE: 20220527 FORMER COMPANY: FORMER CONFORMED NAME: CRANE CO /DE/ DATE OF NAME CHANGE: 19920703 4 1 wk-form4_1701465734.xml FORM 4 X0508 4 2023-11-29 0 0000025445 Crane NXT, Co. CXT 0001283695 MITCHELL MAX H 950 WINTER STREET 4TH FLOOR WALTHAM MA 02451 1 0 0 0 0 COMMON STOCK 2023-11-29 4 M 0 5282 35.06 A 327910 D COMMON STOCK 2023-11-29 4 S 0 5282 51 D 322628 D COMMON STOCK 2939 I 401(K) Employee Stock Option (Right to Buy) 35.06 2023-11-29 4 M 0 5282 0 D 2028-01-29 COMMON STOCK 5282 21718 D Mr. Mitchell exercised and sold 5,282 stock options at a price of $51.00 to better diversify his investment portfolio, which is largely comprised of Crane NXT stock. Following this exercise and sale, Mr. Mitchell's direct ownership level remains unchanged at 322,628 shares of Crane NXT stock. The Company's stock ownership guidelines for non-employee directors require Mr. Mitchell to maintain a minimum ownership level of at least five times the cash portion of his annual retainer received as a director. After giving effect to the exercise and sale, Mr. Mitchell continues to beneficially own more than 100 times the cash portion of his annual retainer in issuer stock. The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years. /s/ Paul G. Igoe, Attorney-in-Fact 2023-12-01