Form 4: Columbus McKinnon Corp Executive Adams Reports Stock Transactions
SEC Form 4 Filing
Jon Adams, President, Americas of Columbus McKinnon Corp, reports the vesting and subsequent transaction of restricted stock units to cover tax obligations.
Summary
- On January 22, 2025, Jon Adams, President, Americas of Columbus McKinnon Corp, had 667.8227 restricted stock units fully vested.
- 248 of these units were traded, and 0.8227 units were converted to cash to cover tax withholding.
- Following the transaction, Adams beneficially owns 9,000.2797 shares of common stock, which includes 6,112.2797 shares of restricted stock subject to forfeiture.
- The restricted stock vests over various periods, with some vesting annually beginning in May 2025, January 2026, and May 2025, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting neutral sentiment as it reports routine stock transactions.
Future Outlook
The reporting person's remaining restricted stock is subject to continued employment and will vest over the next several years.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding management's holdings and transactions in company stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's stock transactions related to vested equity compensation.
Key Dates
| Date | Description |
|---|---|
| 01/22/2025 | Date of earliest transaction; restricted stock units vested and shares traded. |
| 01/23/2025 | Date of signature for the Form 4 filing. |
| 08/22/2025 | 1,488.3091 shares become fully vested. |
| 05/22/2025 | 1,449.9544 shares become fully vested 50% per year for 2 years beginning 5/22/2025. |
| 01/22/2026 | 1,334.6382 shares become fully vested 50% per year for two years beginning 1/22/2026. |
| 05/20/2025 | 1,839.3780 shares become fully vested 33.33% per year for three years beginning 5/20/2025. |
Keywords
Form 4, insider trading, stock vesting, restricted stock units, CMCO, Columbus McKinnon Corp, Jon Adams
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