Form 4: Columbus McKinnon Corp Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Adrienne Williams, Sr. Vice President & CHRO of Columbus McKinnon Corp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On August 19, 2024, Adrienne Williams, Sr. Vice President & CHRO of Columbus McKinnon Corp, reported changes in beneficial ownership.
- She acquired 13.3689 shares of common stock through dividend reinvestment.
- She also disposed of some shares, resulting in a total of 10,698.7255 shares beneficially owned following the reported transactions.
- This total includes 6,316.7255 shares of restricted stock subject to forfeiture, vesting over the next few years.
Sentiment
Score: 5
Explanation: This is a routine filing, so the sentiment is neutral. It reflects standard executive compensation and stock ownership adjustments.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the reporting person.
Future Outlook
The vesting schedule of the restricted stock indicates a multi-year commitment from the executive to remain with the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of the reported transaction (acquisition and disposal of shares). |
| 08/20/2024 | Date of signature on the Form 4 filing. |
| 5/16/2025 | 1,101.9265 shares become fully vested. |
| 5/22/2025 | 2,664.3708 shares become fully vested 50% per year for 2 years beginning. |
| 5/20/2025 | 2,550.4282 shares become fully vested 33.33% per year for three years beginning. |
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