4/A: Columbus McKinnon Exec Amends Filing After Stock Vesting and Tax Obligations
SEC Form 4/A
Adrienne Williams, Sr. Vice President & CHRO of Columbus McKinnon, amended a previous SEC filing to correct the amount of securities beneficially owned following a transaction related to vested restricted stock units and tax withholding.
Summary
- Adrienne Williams, a Senior Vice President & CHRO at Columbus McKinnon Corp, filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from May 22, 2024, which had an incorrect amount of securities beneficially owned.
- The transaction involves the vesting of 1,330.3770 restricted stock units on May 22, 2024.
- 384 shares were traded, and 0.3770 units were converted to cash to cover tax obligations at a price of $44.87 per share.
- Following the transaction, Williams beneficially owns 10,685.3566 shares of common stock, including restricted stock that vests over time if she remains an employee.
- 1,099.6166 shares become fully vested 5/16/2025, and 2,658.7400 shares become fully vested 50% per year for 2 years beginning 5/22/2025, and 2,545 shares become fully vested 33.33% per year for three years beginning 5/20/2025, if reporting person remains an employee of issuer.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions, indicating a neutral sentiment.
Future Outlook
The reporting person has restricted stock that will vest in the future if they remain an employee of the issuer.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | 1,099.6166 shares become fully vested |
| 05/20/2025 | 2,545 shares become fully vested 33.33% per year for three years beginning |
| 05/22/2024 | Date of earliest transaction; 1,330.3770 restricted stock units became fully vested; 384 shares traded and .3770 converted to cash for taxes; 2,658.7400 shares become fully vested 50% per year for 2 years beginning |
| 05/24/2024 | Date of original filing that was amended |
| 06/05/2024 | Date of amended filing (Form 4/A) |
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