Highest-materiality recent filing
Crane NXT stockholders elect all nine director nominees, ratify auditor, approve say-on-pay
Nine directors elected with vote counts ranging from ~49.9M to ~51.3M 'for'; broker non-votes ~2.2M.
Crane NXT Q1: organic sales +6%, closes Antares Vision acquisition, maintains FY EPS guide
Sales $387.7M, up 17% YoY; organic sales +6%; GAAP EPS $0.11, adjusted EPS $0.60.
Crane NXT appoints Jeffrey Benck to board; James Tullis to step down at May annual meeting
Jeffrey Benck appointed director effective March 9, 2026; term expires at 2026 Annual Meeting.
Crane NXT holds Investor Day with 2026 outlook and 2028 targets
Investor Day on Feb 25, 2026, webcast from 8:30 a.m. to 12:00 p.m. ET.
Crane NXT Q4 sales +19.5%, raises dividend 6%, guides FY26 adj EPS $4.10-$4.40
Q4 net sales $476.9M (+19.5% YoY); core sales +4.8%; GAAP EPS $0.83; adj EPS $1.27.
Revenue $445M, +10% YoY; core sales +1%; GAAP EPS $0.87, Adj EPS $1.28; Adj op margin 24.7%.
Crane NXT to acquire Antares Vision for ~€120M stake, total EV ~€445M; expects H1 2026 close
Acquires ~30% stake in Antares Vision from Regolo and Sargas at €5.00/share for ~€120M.
Crane NXT Q2 sales +9% to $404M, adj EPS $0.97 vs $0.43 GAAP; FY guidance maintained $4.00-$4.30
Net sales $404.4M, up 9.1% YoY; core sales down 0.8%, acquisitions add 7.2%.
Crane NXT stockholders elect all nine director nominees and ratify auditors at 2025 annual meeting
All nine director nominees elected with ~51.5M votes for each (Michael Dinkins, William Grogan, Sandra Joyce, etc.).
Crane NXT Q1 sales up 5% to $330M, completes De La Rue Authentication acquisition for £300M
Q1 GAAP EPS $0.38, adjusted EPS $0.54; net sales $330.3M up 5.3% YoY.
Crane NXT CHRO Jennifer Kartono to depart March 1; separation agreement includes $440K salary payout
Kartono ceases as executive officer March 1, 2025; employment ends April 25, 2025.
Q4 net sales $399.1M (+11.8% YoY), core sales +2.8%; GAAP EPS $1.00, Adjusted EPS $1.20.
Crane NXT secures $200M revolver and £300M term loan to fund De La Rue authentication buy
Second Amendment increases revolving commitments by $200M to $700M total.
Crane NXT Q3 sales up 14%, adjusted EPS $1.16; narrows FY2024 guidance to $4.22-$4.30
GAAP EPS $0.81, adjusted EPS $1.16; sales $403.5M (+14.3% YoY), core sales +4.7%.
Crane NXT Q2 EPS $0.72 ($1.06 adj), sales $371M +5.2%; narrows FY adj EPS guidance to $4.20-$4.35
GAAP EPS $0.72, Adjusted EPS $1.06; sales $371M (+5.2% YoY) with 0.8% core sales growth.
Crane NXT appoints Michael Mahan as President of CPI; Kurt Gallo to retire in Feb 2025
Michael Mahan appointed President of Crane Payment Innovations (CPI) effective July 8, 2024, reporting to CEO Aaron Saak.
Crane NXT stockholders elect nine directors and ratify auditors at 2024 annual meeting
All nine director nominees elected; David D. Petratis received 50,502,950 votes For.
Crane NXT Q1 sales down 4.7% YoY; acquires OpSec Security for $270M, raises sales guidance
GAAP EPS $0.66, Adjusted EPS $0.85; net sales $313.6M, down 4.7% YoY.
Crane NXT appoints Sandra Joyce to board; Max Mitchell to step down at May 2024 meeting
Sandra Joyce appointed director and Audit Committee member effective April 2, 2024.
Crane NXT Q4 EPS $0.86, FY EPS $3.28; raises dividend 14%
Full year GAAP EPS $3.28, adjusted EPS $4.16; core sales grew 4.3% YoY.
Crane NXT Q3 adj EPS $1.09, core sales up 4%; raises FY guidance low end to $4.00
GAAP EPS $0.90, Adjusted EPS $1.09; core sales grew 4% YoY to $352.9M.
Crane NXT beats Q2 estimates; raises FY 2023 adjusted EPS to $3.85-$4.15
GAAP EPS $0.75, Adjusted EPS $1.12; core sales grew 6% YoY.
Crane NXT appoints David D. Petratis to Board of Directors and Audit Committee
Petratis appointed effective July 25, 2023; term expires at 2024 annual meeting.
Crane NXT stockholders elect eight directors and approve advisory say-on-pay at annual meeting
All eight director nominees elected with 45M-48M votes for each; James Tullis received lowest support (45.2M for, 3.7M against).
Crane NXT Q1 GAAP EPS $0.76, Adjusted EPS $0.97; raises FY guidance to $3.75-$4.05
GAAP diluted EPS $0.76, Adjusted EPS $0.97; core sales +3%, backlog +34%.
Crane NXT redeems $275M 4.450% Senior Notes due 2023 in full
Redeemed all outstanding 4.450% Senior Notes due 2023 on April 4, 2023.
Crane NXT completes spin-off of Crane Company, draws $350M term loan, new CEO
Spin-off effective April 3, 2023; Crane NXT distributed 1 share of Crane Company common stock for each Crane NXT share held on March 23 record date.
Crane Company: $500M revolver and $300M term loan; expected net debt $100-150M (<0.5x EBITDA).
Crane Holdings sets spin-off record date March 23, distribution April 3; to rename as Crane NXT, Co.
Record date for spin-off: 5:00 p.m. ET on March 23, 2023; effective distribution date: April 3, 2023 at 5:00 p.m.
Crane Holdings appoints Christina Cristiano as CFO of Crane NXT ahead of April 3 separation
Christina Cristiano, 50, appointed SVP and CFO of Crane NXT, effective upon separation.
SEC declared effective Amendment No. 1 to Form 10 for the spin-off of Crane Company.
1:1 distribution of Crane Company shares; record date March 23, 2023.
Q4 GAAP operating margin 15.7% (+440bps YoY); adjusted operating margin record 18.6% vs 12.0% last year.
Crane Holdings files Form 10 for spin-off; on track for April 3, 2023 completion
Crane Company (Aero & Electronics, Process Flow, Engineered Materials) expects ~$1.9B sales, 18.5% pre-corporate EBITDA margin.
GAAP net loss $1.06 per share includes $2.89/sh after-tax loss on August asbestos divestiture; GAAP EPS guidance lowered to $6.58-$6.72.
Crane names Aaron Saak CEO of Crane NXT; spin-off on track for early April 2023
Aaron Saak appointed President and CEO of Crane NXT, the Payment & Merchandising Technologies business to be spun off.
Crane divests asbestos liabilities to Spruce Lake; records $170M after-tax loss
Sold Redco subsidiary holding all asbestos liabilities and about $550M cash to Spruce Lake on Aug 12, 2022.
Crane Holdings Q2 adj EPS $1.90, core sales +7%; reaffirms FY adj EPS $7.45-$7.85
GAAP EPS $4.93 vs $2.33 YoY; includes $3.58/share gain on sale of Crane Supply.
Crane terminates Engineered Materials sale, completes Crane Supply, raises FY22 guidance
Crane Supply divestiture closed May 31 for CAD 380M cash-free, debt-free basis.
Crane Holdings succeeds Crane Co. as public issuer after reorganization merger
Reorganization merger closed May 16, 2022; Crane Co. became wholly-owned subsidiary of Crane Holdings.
Crane Co. renamed as Redco Corporation; 'Crane Co.' name reserved for parent Crane Holdings
Name changed from Crane Co. to Redco Corporation effective May 26, 2022 via Certificate of Amendment filed in Delaware.
Crane Co. completes reorganization, appoints Maue and D'Iorio as directors
Reorganization merger completed May 16; Crane Co. becomes subsidiary of Crane Holdings.
On May 16, 2022, Crane Co. completed the reorganization merger, converting each share of Crane Co. common stock into one share of Crane Holdings common stock.
Crane Co. shareholders approve holding company reorganization merger
Director Donald G. Cook retired on May 16, 2022, per company retirement policy.
Crane Co. Q1 adjusted EPS $1.81 (+15% YoY); signs deal to divest Crane Supply for CAD 380M
GAAP EPS $1.64 vs $1.75 prior year; record adjusted EPS $1.81, up 15% YoY.
Crane Co. to separate into two public companies via tax-free spin-off; Crane NXT (CXT) created
Crane Co. (Aerospace & Electronics, Process Flow) retains CR ticker; expected ~$1.9B sales, ~18.5% EBITDA margin.
Presentation posted March 30, 2022, on investor relations webpage.
Crane Co. issues press release for other event; details not available in filing
Press release dated March 17, 2022 was furnished as Exhibit 99.1 but only contact info provided in excerpt.
Reorganization via merger of Crane Co. into newly formed subsidiary; Crane Co. becomes wholly owned by Crane Holdings.
Crane Co. reports record 2021 adjusted EPS of $6.55, provides 2022 guidance of $7.00-$7.40
GAAP EPS from continuing operations $6.66 in 2021 vs $2.77 in 2020; adjusted EPS $6.55, up 87% YoY.
Jennifer Kartono, Senior Vice President and Chief Human Resources Officer of Crane NXT, Co. (the “Company”), will depart from her position with the Company, effective March 1, 2025
it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.
Kurt Gallo, Senior Vice President and interim President of CPI, informed the Company of his decision to retire from the Company. His retirement will be effective February 28, 2025
On April 2, 2024, the Board of Directors (the “Board”) of Crane NXT, Co. (the “Company”) appointed Sandra Joyce to serve as a director of the Board, effective immediately
On March 27, 2024, Max Mitchell, the Company’s former Chief Executive Officer and a current director of the Board, notified the Board that he will not stand for reelection at the Company’s 2024 Annual Meeting of Stockholders
On July 25, 2023, the Board of Directors (the "Board") of Crane NXT, Co. (the "Company") appointed David D. Petratis to serve as a Director, effective immediately, for a term expiring at the Company's 2024 Annual Meeting of Stockholders and until his successor is duly elected and qualified.
each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director
each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director
each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director
each of Aaron W. Saak, William Grogan and Cristen Kogl was appointed to serve as an additional director on the Crane NXT Board
each of Aaron W. Saak, William Grogan and Cristen Kogl was appointed to serve as an additional director on the Crane NXT Board
each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director
Max materiality 0.90 · Median 0.70 · Most common event earnings