Crawford & Company buys 1 million Class A shares from majority shareholder
On August 10, 2026, Crawford & Company bought 1,000,000 Class A shares from Jesse C. Crawford, its majority shareholder, at 97% of the NYSE closing price, for an aggregate price of approximately $12.8 million. The Audit Committee and Board approved the purchase as a related party transaction, and the Board determined it to be fair to the Company and its shareholders. After the closing, the Company will have 28,686,832 Class A and 18,904,905 Class B shares outstanding.
Key points
- Purchase of 1,000,000 Class A shares on August 10, 2026, from Jesse C. Crawford
- Price set at 97% of the official NYSE closing price, an aggregate of approximately $12.8 million ($12,813,700)
- Seller is the father of Jesse C. Crawford, Jr., Non-Executive Chair of the Board
- Post-closing outstanding shares: 28,686,832 Class A and 18,904,905 Class B
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.