Recent Updates — CRD-A
On August 10, 2026, Crawford & Company entered into a Stock Purchase and Sale Agreement with Jesse C. Crawford to acquire 1,000,000 shares of Class A Common Stock for an aggregate price of approximately $12,813,700. The purchase price per share represented a 3% discount to the official closing market price on the New York Stock Exchange. Mr. Crawford is the majority shareholder and father of Jesse C. Crawford Jr., the Non-Executive Chair of the Board. The Audit Committee and Board approved the transaction as a related party transaction, determining the terms were fair to shareholders. Post-closing, outstanding shares will total 28,686,832 Class A shares and 18,904,905 Class B shares. Crawford & Company operates in the insurance industry, providing risk management and claims services.
Crawford & Company reported second quarter 2026 financial results, posting net income attributable to shareholders of $13.4 million, or $0.27 per diluted share for CRD-A and $0.28 for CRD-B, compared to $7.8 million in the prior year period. Revenues before reimbursements decreased slightly by 0% to $321.4 million from $323.0 million a year ago. The Board of Directors approved an increase to the quarterly dividend to $0.08 per share. The company operates in the global insurance claims management and risk services industry.