Form 4: Columbus McKinnon Corp Executive Appal Chintapalli Reports Stock Transactions
SEC Form 4 Filing
Appal Chintapalli, President of EMEA & APAC at Columbus McKinnon Corp, reports acquisition and disposal of common stock and restricted stock units due to dividend reinvestment and vesting schedules.
Summary
- On August 19, 2024, Appal Chintapalli, President of EMEA & APAC at Columbus McKinnon Corp, reported transactions involving the company's common stock.
- Chintapalli acquired 16.7962 shares of common stock through dividend reinvestment at a price of $0.
- Following the reported transactions, Chintapalli beneficially owns 21,480.9976 shares of common stock, which includes 7,934.9976 shares of restricted stock subject to forfeiture.
- The restricted stock vests over different periods, with some vesting in May 2025 and others vesting over two to three years, contingent upon continued employment with the issuer.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies to ensure transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of stock transactions (acquisition of common stock via dividend reinvestment). |
| 08/20/2024 | Date of signature on the Form 4 filing. |
| 5/16/2025 | 1,298.2993 restricted shares become fully vested. |
| 5/22/2025 | 3,358.7218 restricted shares become fully vested 50% per year for 2 years beginning on this date. |
| 5/20/2025 | 3,277.9765 restricted shares become fully vested 33.33% per year for three years beginning on this date. |
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