Form 4: Columbus McKinnon Corp: Alan S. Korman Reports Changes in Beneficial Ownership

Alan S. Korman, Sr VP, Gen'l Counsel & Sec of Columbus McKinnon Corp, reports acquisition and disposal of common stock due to dividend reinvestment and vesting of restricted stock units.

Summary

• On May 13, 2024, Alan S. Korman, Sr VP, Gen'l Counsel & Sec of Columbus McKinnon Corp, reported changes in beneficial ownership.
• Korman acquired 16.2557 shares of common stock through dividend reinvestment at $0 per share.
• Korman disposed of shares.
• Following the transaction, Korman beneficially owns 38,377.5235 shares of common stock, including restricted stock units subject to forfeiture.
• 1,303.1865 shares of restricted stock become fully vested on May 17, 2024.
• 3,471.4580 shares become fully vested 50% per year for 2 years beginning May 16, 2024.
• 5,657.8790 shares become fully vested 33.33% per year for 3 years beginning May 22, 2024, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and dividend reinvestment.

Positives

• The acquisition of shares through dividend reinvestment indicates Korman's continued investment in the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates