Form 4: Columbus McKinnon Corp Executive Reports Stock Transactions
SEC Form 4
Mario Y. Ramos, a Senior VP at Columbus McKinnon Corp, reports the vesting and trading of restricted stock units and performance shares to cover tax obligations.
Summary
- On May 16, 2025, Mario Y. Ramos, a Senior VP at Columbus McKinnon Corp, reported transactions involving common stock.
- 413.7895 shares were disposed of to satisfy tax withholding obligations related to the vesting of 1,222.7895 restricted stock units at a price of $17.68 per share.
- 1,514 performance shares were acquired at $17.68 per share, with 748 shares traded to cover tax obligations.
- Following these transactions, Ramos beneficially owns 26,731.5811 shares, including restricted stock that vests over the next two to three years.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Future Outlook
The reporting person has restricted stock that will continue to vest over the next two to three years, contingent on continued employment with the issuer.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity. It is standard practice for executives to trade shares to cover tax obligations upon vesting of equity awards.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they involve a small number of shares relative to the company's total outstanding shares.
- The transactions do not directly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/18/2016 | Date of the Columbus McKinnon Corporation 2016 Long Term Incentive Plan |
| 05/16/2025 | Date of stock transactions: vesting of restricted stock units and acquisition of performance shares. |
| 05/20/2025 | Date from which 33.33% of 2,573.8815 restricted shares vest annually for three years. |
| 05/22/2025 | Date from which 50% of 2,688.6996 restricted shares vest annually for two years. |
Keywords
Form 4, Stock Transactions, Beneficial Ownership, Columbus McKinnon Corp, CMCO, Mario Y. Ramos, Restricted Stock Units, Performance Shares, Tax Withholding
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