Andrew John Bart, Executive Vice President at Crawford & Company (NYSE:CRDA / NYSE:CRDB), filed a Form 4 on September 11, 2026, disclosing four transactions in Class A Common Stock occurring on September 10 and September 11, 2026.

Key Highlights

  • September 10 option exercise: Bart exercised an employee stock option at $9.22 per share, acquiring 17,959 shares of Class A Common Stock (transaction code M).
  • September 10 tax withholding disposal: 12,947 shares were disposed of at $12.79 per share (transaction code F), leaving a directly held balance of 91,407 shares.
  • September 11 option exercise: Bart exercised a second employee stock option at $8.60 per share, acquiring 18,005 shares of Class A Common Stock (transaction code M).
  • September 11 tax withholding disposal: 12,418 shares were disposed of at $12.47 per share (transaction code F), leaving a directly held balance of 96,994 shares.
  • Derivative securities: Following both exercises, Bart's beneficial ownership of each corresponding employee stock option was reduced to 0, according to the filing.
  • Option vesting schedule: Each option was exercisable as to approximately one-third of the original grant amount per year commencing the date indicated in the filing.

Crawford & Company EVP's Class A Common Stock Transactions in Detail

According to the filing, Andrew John Bart, serving as Executive Vice President of Crawford & Company, a claims management and outsourcing company, reported two separate option exercises over consecutive trading days. On September 10, 2026, Bart exercised an employee stock option with an exercise price of $9.22, originally granted with a date exercisable of February 8, 2018, and an expiration date of February 8, 2027. The exercise covered 17,959 shares of Class A Common Stock. On the same date, 12,947 shares were disposed of at $12.79 per share under transaction code F, which the filing records as shares withheld for tax purposes, reducing the directly held balance to 91,407 shares.

On September 11, 2026, Bart exercised a second employee stock option, this one carrying an exercise price of $8.60, with a date exercisable of February 7, 2019, and an expiration date of February 7, 2028. This exercise covered 18,005 shares of Class A Common Stock. A subsequent disposal of 12,418 shares at $12.47 per share (transaction code F) brought Bart's directly held balance to 96,994 shares following that transaction. The filing notes the price of each derivative security at exercise was $0. All transactions were reported as direct ownership, and the filing was made by one reporting person.

The filing notes that each employee stock option was "exercisable as to approximately 1/3 of original grant amount per year commencing date indicated." After both exercises, the number of derivative securities beneficially owned by Bart in each respective option series was reported as 0, indicating the options were fully consumed in the reported transactions.

What Was Disclosed

The Form 4 filing by Crawford & Company Executive Vice President Andrew John Bart disclosed four transactions in Class A Common Stock on September 10 and 11, 2026, involving two employee stock option exercises and two corresponding share disposals, with a resulting directly held balance of 96,994 shares.