Form 4: CMCO Director Converts Deferred Stock Units

Columbus McKinnon Director Michael Dastoor converted deferred stock units into 3,256 shares of common stock on January 1, 2026, increasing his direct beneficial ownership.

Summary

• Michael Dastoor, a Director of Columbus McKinnon Corp (CMCO), reported a change in beneficial ownership.
• On January 1, 2026, Dastoor acquired 3,256 shares of Common Stock through the conversion of deferred stock units.
• The transaction was made pursuant to a Rule 10b5-1 plan.
• Prior to this transaction, Dastoor directly owned 20,366 shares of Common Stock.
• Following the transaction, Dastoor's direct beneficial ownership increased to 23,622 shares of Common Stock.
• A total of 3,256.8290 deferred stock units were distributed, with 3,256 shares issued as common stock and 0.8290 units issued in cash for $14.34.

Sentiment

Score: 6

Explanation: The filing reports a routine, pre-planned conversion of deferred compensation into common stock, increasing a director's direct ownership. This is generally viewed as neutral to slightly positive as it aligns insider interests with shareholders.

Positives

• Director Michael Dastoor's direct beneficial ownership of Columbus McKinnon Corp common stock increased by 3,256 shares, aligning his interests further with shareholders.

Future Outlook

This filing reports a past transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is an insider transaction report specific to Columbus McKinnon Corp and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The increase in a director's direct stock ownership may be viewed positively as it aligns management's interests with those of other shareholders.

Key Dates

Keywords

Columbus McKinnon, CMCO, Form 4, Insider Transaction, Stock Conversion, Deferred Stock Units, Michael Dastoor, Director Ownership, Rule 10b5-1