Form 4: Columbus McKinnon Corp Executive Brant A. Brant Reports Stock Transactions
SEC Form 4
Senior VP of Global Manufacturing Operations at Columbus McKinnon Corp, Bert A. Brant, reports the vesting and subsequent transaction of restricted stock units to cover tax obligations.
Summary
- On May 22, 2024, Bert A. Brant, Sr VP Global Manufacturing Operations at Columbus McKinnon Corp, had 1,739.259 restricted stock units fully vested.
- 764 shares were traded at $44.87 per share, and 0.259 shares were converted to cash to cover tax obligations.
- Following the transaction, Brant directly owns 32,094.205 shares of Columbus McKinnon Corp.
- This includes 8,370.205 shares of restricted stock that are subject to forfeiture.
- Vesting schedules for these restricted shares extend into 2025, 2026 and 2027, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation practices.
Future Outlook
Future vesting of restricted stock is contingent upon continued employment with Columbus McKinnon Corp.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It's a standard practice in publicly traded companies to ensure compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: 1,739.259 restricted stock units vested, 764 shares traded to cover tax obligations. |
| 05/16/2025 | 1,633.687 shares of restricted stock become fully vested. |
| 05/22/2025 | 50% of 3,478.518 shares of restricted stock become fully vested. |
| 05/20/2025 | 3,258 shares become fully vested 33.33% per year for three years beginning. |
| 05/23/2024 | Date of signature on the Form 4 filing. |
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