Given a spanning tree $T$ of a planar graph $G$, the co-tree of $T$ is the spanning tree of the dual graph $G^*$ with edge set $(E(G)-E(T))^*$. Gr\"unbaum conjectured in 1970 that every planar 3-connected graph $G$ contains a spanning tree $T$ such that both $T$ and its co-tree have maximum degree at most 3. While Gr\"unbaum's conjecture remains open, Biedl proved that there is a spanning tree $T$ such that $T$ and its co-tree have maximum degree at most 5. By using new structural insights into Schnyder woods, we prove that there is a spanning tree $T$ such that $T$ and its co-tree have maximum degree at most 4.
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