and Ethics

Providing Growth
for our Shareholders
Insider Trading
Because Crawford is an issuer of publicly traded shares in the U.S., we
have special duties when carrying out certain aspects of our jobs. These
duties include properly handling all “material, non-public information.”
“Material” means information that a reasonable investor would consider
important when deciding whether to buy or sell a security, such as stock
in a corporation. “Non-public” means information that has not been
released to the general public. (Even information that has been released
is not considered “public” until two full trading days have passed since
its release.) When carrying out our job responsibilities, we may encounter
material, non-public (or “inside”) information about Crawford, our clients,
or other third parties who have entrusted us with their data.
31 Providing Growth for our Shareholders
Crawford & Company
Code of Business Conduct and Ethics