{"schema_version":"secwatch.filing_event.v1","accession":"0001944013-26-000026","form_type":"8-K","ticker":"CR","cik":"0001944013","company_name":"Crane Co","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.837649+00:00","generated_at":"2026-05-16T06:34:59.355836+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crane Company names Alex Alcala as President and CEO, effective April 27, 2026; Max Mitchell becomes Executive Chairman","bullets":["Alex Alcala, formerly EVP & COO, promoted to President and CEO; Max Mitchell transitions to Executive Chairman, effective April 27, 2026.","Alcala's base salary rises to $950,000; target cash incentive to 110% of salary; receives $4.15M in long-term incentive awards (55% PRSUs, 25% stock options, 20% RSUs).","Mitchell's base salary reduced to $900,000; target cash incentive to 110% of salary; receives $3.25M in long-term incentive awards (same mix as Alcala).","Both sets of PRSUs vest based on relative total shareholder return over three years; options and RSUs vest ratably over four years."],"urls":{"canonical":"https://secwatch.observer/filing/0001944013-26-000026","json":"https://secwatch.observer/filing/0001944013-26-000026.json","markdown":"https://secwatch.observer/filing/0001944013-26-000026.md","text":"https://secwatch.observer/filing/0001944013-26-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1944013/000194401326000026/0001944013-26-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1944013/000194401326000026/cr-20260126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:34:59.355836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}