Form 4: Columbus McKinnon Corp Executive Mark R. Paradowski Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark R. Paradowski, Sr VP Information Services & CDO of Columbus McKinnon Corp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 18, 2025, Mark R. Paradowski, a Senior VP at Columbus McKinnon Corp, reported changes in beneficial ownership.
- He acquired common stock through dividend reinvestment, totaling 18.5052 shares.
- He also disposed of 26,405.5123 shares.
- Following these transactions, Paradowski directly owns 5,456.5123 shares of restricted stock subject to forfeiture.
- Some of these shares will vest on various dates in the future, contingent on continued employment.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine transactions related to stock ownership and vesting schedules.
Future Outlook
The vesting of restricted stock is contingent on the reporting person's continued employment with the issuer.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: acquisition and disposal of common stock |
| 02/19/2025 | Date of signature for the report |
| 05/16/2025 | 1,027.9208 shares become fully vested |
| 05/22/2025 | 2,272.6192 shares become fully vested 50% per year for two years beginning |
| 05/20/2025 | 2,155.9723 shares become fully vested 33.33% per year for three years beginning |
Keywords
beneficial ownership, Form 4, Columbus McKinnon Corp, CMCO, insider trading, Mark R. Paradowski, restricted stock, dividend reinvestment
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