Form 4: Columbus McKinnon CFO Reports Stock Transaction Following Vesting
SEC Form 4 Filing
Gregory Rustowicz, CFO of Columbus McKinnon, reports the disposition of shares to cover tax obligations after restricted stock units vested.
Summary
- On May 22, 2024, Gregory Rustowicz, the Executive VP Finance and CFO of Columbus McKinnon Corp, reported a transaction involving the company's common stock.
- The transaction involved the disposition of 1,168.747 shares at a price of $44.87 to satisfy tax withholding obligations after 2,659.7470 restricted stock units vested.
- Following the transaction, Rustowicz beneficially owns 82,539.5585 shares of Columbus McKinnon Corp.
- This total includes 12,736.5585 shares of restricted stock that are subject to forfeiture and vest over the next three years.
Sentiment
Score: 5
Explanation: This is a neutral report on an insider stock transaction related to compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock transaction and vesting of restricted stock units. |
| 05/16/2025 | 2,387.0717 restricted stock units become fully vested. |
| 05/22/2025 | 50% of 5,318.4868 restricted stock units become fully vested. |
| 05/20/2025 | 33.33% of 5,031 restricted stock units become fully vested. |
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