CRD-A 8-K
Crawford & Co (CRD-A)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01. | Other Events. |
On August 10, 2026, Crawford & Company (the “Company”) entered into a Stock Purchase and Sale Agreement (the “Agreement”) with Jesse C. Crawford, pursuant to which the Company purchased 1,000,000 shares of the Company’s Class A Common Stock, par value $1.00 per share, from Mr. Crawford. The purchase price per share was equal to 97% of the official closing price of the Class A Common Stock on the New York Stock Exchange immediately preceding the execution of the Agreement, at close of market on the Effective Date of the Agreement, representing an aggregate purchase price of approximately $12,813,700.
Mr. Crawford is the father of Jesse C. Crawford, Jr., Non-Executive Chair of the Company’s Board of Directors, and is the majority shareholder of the Company.
The Audit Committee of the Board of Directors reviewed and approved the transaction as a related party transaction in accordance with the Company’s related party transaction policy. The Board of Directors separately approved the purchase. The purchase price reflects a 3% discount on the closing market price, which the Audit Committee and the Board determined to be fair to, and in the best interests of, the Company and its shareholders.
Following the closing of the transaction, the Company will have 28,686,832 shares of Class A Common Stock and 18,904,905 shares of Class B Common Stock outstanding.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CRAWFORD & COMPANY | ||
| By: | /s/ Tami E. Stevenson | |
| Name: Tami E. Stevenson | ||
| Title: Executive Vice President- General Counsel and Corporate Secretary | ||
Date: August 11, 2026
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