Form 4: Columbus McKinnon Corp: Sr. Vice President & CHRO, Adrienne Williams, Reports Changes in Beneficial Ownership
SEC Form 4
Adrienne Williams, Sr. Vice President & CHRO of Columbus McKinnon Corp, reports acquisition and disposal of common stock due to dividend reinvestment and vesting schedules.
Summary
- On February 18, 2025, Adrienne Williams, Sr. Vice President & CHRO of Columbus McKinnon Corp, reported changes in beneficial ownership.
- Williams acquired 21.5395 shares of common stock through dividend reinvestment at a price of $0.
- Following the transaction, Williams beneficially owns 10,732.1395 shares of common stock.
- This includes 6,350.1395 shares of restricted stock subject to forfeiture.
- Vesting schedules for the restricted stock are as follows: 1,107.6998 shares vest on 5/16/2025, 2,678.4444 shares vest 50% per year for 2 years beginning 5/22/2025, and 2,563.9953 shares vest 33.33% per year for three years beginning 5/20/2025, contingent upon continued employment.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and does not indicate any significant positive or negative developments for the company.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the reporting person.
Risks
- The forfeiture clause on the restricted stock introduces a risk that the reporting person may not receive the full benefit of these shares if employment is terminated.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving restricted stock and dividend reinvestment.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the transaction (acquisition of common stock). |
| 02/19/2025 | Date of signature on the Form 4 filing. |
| 05/16/2025 | Vesting date for 1,107.6998 shares of restricted stock. |
| 05/20/2025 | Start date for vesting of 2,563.9953 shares of restricted stock (33.33% per year for three years). |
| 05/22/2025 | Start date for vesting of 2,678.4444 shares of restricted stock (50% per year for 2 years). |
Keywords
beneficial ownership, Form 4, Columbus McKinnon, CMCO, Adrienne Williams, restricted stock, dividend reinvestment, insider trading
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