other material
confidence high
sentiment neutral
materiality 0.45
Crane Company updates stock incentive plan with 9.75M shares reserved for spin-off
Crane Co
- Board approved 9,750,000 shares reserved for issuance under the Crane Company 2023 Stock Incentive Plan.
- Maximum incentive stock options also set at 9,750,000 shares.
- Plan becomes effective upon completion of spin-off of Crane Holdings' segments.
- Plan previously adopted Dec 6, 2022; updates only to share numbers.