---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-051026"
form_type: "8-K"
ticker: "CR"
cik: "0001944013"
company_name: "Crane Co"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:04:48.421191+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Crane Company updates stock incentive plan with 9.75M shares reserved for spin-off

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-051026
- form_type: 8-K
- ticker: CR
- cik: 0001944013
- company_name: Crane Co
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944013/000119312523051026/0001193125-23-051026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944013/000119312523051026/d456909d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-051026
- JSON: https://secwatch.observer/filing/0001193125-23-051026.json
- Plain text: https://secwatch.observer/filing/0001193125-23-051026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.