Kirin Smith - 06 Feb 2026 Form 4 Insider Report for CRAWFORD UNITED Corp (CRAWA)

Role: Director
Signature: /s/ Kirin Smith
Issuer symbol: CRAWA
Transactions as of: 06 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 06 Feb 2026, 08:29:29 UTC
Previous filing: 29 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Smith Kirin	Director	C/O CRAWFORD UNITED CORPORATION, 10514 DUPONT AVENUE, CLEVELAND	/s/ Kirin Smith	06 Feb 2026	0001452526

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRAWA	Class A Common Shares	Disposed to Issuer		-38,668	-100%		0	06 Feb 2026	Direct	F1
transaction	CRAWA	Class A Common Shares	Disposed to Issuer		-36,260	-100%		0	06 Feb 2026	By Intrinsic Value Capital, L.P.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger dated December 5, 2025 (the "Merger Agreement"), by and among SPX Enterprises, LLC, a Delaware limited liability company ("Parent"), Project King Acquisition, Inc., an Ohio corporation and a wholly owned subsidiary of Parent ("Merger Sub"), and Crawford United Corporation, an Ohio corporation (the "Company"), the Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of the Parent (the "Merger"). At the effective time of the Merger, each issued and outstanding common share of the Company was converted automatically into the right to receive cash in an amount equal to $83.8636 per share without interest, net of all applicable withholding taxes.
F2	As a managing member of Glaubman & Rosenberg Advisors, LLC, the general partner and investment manager of Intrinsic Value Capital, L.P. ("IVC"), respectively, Kirin Smith may be deemed to beneficially own the Class A Common Shares beneficially owned by IVC. The reporting person disclaims beneficial ownership of the securities beneficially owned by the other members of the group except to the extent of his pecuniary interest therein.

Content

Pursuant to the Agreement and Plan of Merger dated December 5, 2025 (the "Merger Agreement"), by and among SPX Enterprises, LLC, a Delaware limited liability company ("Parent"), Project King Acquisition, Inc., an Ohio corporation and a wholly owned subsidiary of Parent ("Merger Sub"), and Crawford United Corporation, an Ohio corporation (the "Company"), the Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of the Parent (the "Merger"). At the effective time of the Merger, each issued and outstanding common share of the Company was converted automatically into the right to receive cash in an amount equal to $83.8636 per share without interest, net of all applicable withholding taxes.

As a managing member of Glaubman & Rosenberg Advisors, LLC, the general partner and investment manager of Intrinsic Value Capital, L.P. ("IVC"), respectively, Kirin Smith may be deemed to beneficially own the Class A Common Shares beneficially owned by IVC. The reporting person disclaims beneficial ownership of the securities beneficially owned by the other members of the group except to the extent of his pecuniary interest therein.