15 unchanged sentences
In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by COSO.
−Removed: We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended December 31, 2023, of the Company and our report dated February 26, 2024, expressed an unqualified opinion on those consolidated financial statements.
+Added: We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended December 31, 2024, of the Company and our report dated February 27, 2025, expressed an unqualified opinion on those financial statements.
Basis for Opinion
24 unchanged sentences
The information on our website is not part of this report.
+Added: We have adopted insider trading policies and procedures governing the purchase, sale, and other dispositions of securities of Crane by directors, officers, and employees that we believe are reasonably designed to promote compliance with insider trading laws, rules and regulations, and applicable NYSE listing standards.
+Added: Our insider trading policy states, among other things, that our directors, officers, and employees are prohibited from trading in such securities while in possession of material, nonpublic information.
+Added: Our Policy On Trading In Company Stock is filed as an exhibit to this Annual Report on Form 10-K.
Executive Compensation
1 unchanged sentence
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
−Removed: Except the information required by Section 201(d) of Regulation S-K which is set forth below, the information required by Item 12 is incorporated by reference to the definitive proxy statement with respect to the 2024 Annual Meeting of Shareholders which the Company expects to file with the Commission pursuant to Regulation 14A on or about March 7, 2024.
+Added: Except for the information required by Section 201(d) of Regulation S-K which is set forth below, the information required by Item 12 is incorporated by reference to the definitive proxy statement with respect to the 2025 Annual Meeting of Stockholders which the Company expects to file with the Commission pursuant to Regulation 14A on or about March 14, 2025.
As of December 31, 2024:
11 unchanged sentences
Total 1,961,840 $ 61.33 7,176,198
−Removed: a Includes 325,702 restricted share units (“RSUs”), 135,886 deferred stock units (“DSUs”) and 352,068 performance-based restricted share units (“PRSUs”), assuming the maximum potential payout percentage.
+Added: (1) Column (a) Includes 279,212 restricted share units (“RSUs”), 141,801 deferred stock units (“DSUs”) and 322,964 performance-based restricted share units (“PRSUs”), assuming the maximum potential payout percentage.
Actual numbers of shares may vary, depending on actual performance.
14 unchanged sentences
Notes to Consolidated Financial Statements Page 46
+Added: Exhibit 19.1 Crane Company Policy on Trading in Company Stock
Exhibit 21 Subsidiaries of the Registrant .
41 unchanged sentences
Tullis (incorporated by reference to Exhibit 10.12 to Amendment No.
−Removed: 1 to Crane Company’s Registration Statement on Form 10 filed on Januar y 24, 2023).
+Added: 1 to Crane Company’s Registration Statement on Form 10 filed on January 24, 2023).
Offer Letter between Crane Company and Marijane Papanikolaou (incorporated by reference to Exhibit 10.3 to Crane Company’s Quarterly Report on Form 10-Q for its fiscal quarter ended March 31, 2023).
12 unchanged sentences
By /s/ MAX H.
−Removed: President and Chief Executive Officer
+Added: Chairman, President and Chief Executive Officer
Date 2/27/2025
2 unchanged sentences
MAUE /s/ MARIJANE PAPANIKOLAOU
−Removed: Mitchell President, Chief Executive Officer and Director Richard A.
−Removed: Maue Executive Vice President
+Added: Chairman, President,
+Added: Chief Executive Officer and Director
+Added: (Principal Executive Officer) Richard A.
+Added: Executive Vice President
Chief Financial Officer
−Removed: (Principal Financial Officer)
−Removed: Marijane Papanikolaou
+Added: (Principal Financial Officer) Marijane Papanikolaou
Vice President, Controller
9 unchanged sentences
/s/ RONALD C.
−Removed: LINDSAY /s/ ELLEN MCCLAIN /s/ CHARLES G.
−Removed: Lindsay Ellen McClain Charles G.
+Added: LINDSAY /s/ SUSAN D.
+Added: LYNCH /s/ ELLEN MCCLAIN
+Added: Lindsay Susan D.
+Added: Lynch Ellen McClain
Date 2/27/2025 Date 2/27/2025 Date 2/27/2025
+Added: /s/ CHARLES G.
/s/ JENNIFER M.
−Removed: POLLINO /s/ JOHN S.
−Removed: Pollino John S.
Date 2/27/2025 Date 2/27/2025
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.