4/A: Columbus McKinnon Exec Brant Files Amended Form 4 After Stock Vesting
SEC Filing
Bert A. Brant, Sr VP of Global Manufacturing Operations at Columbus McKinnon Corp, filed an amended Form 4 to correct the amount of securities beneficially owned following a transaction on May 22, 2024, related to the vesting of restricted stock units.
Summary
- Bert A. Brant, a Senior VP at Columbus McKinnon Corp, filed an amended Form 4 with the SEC.
- The filing corrects a previous Form 4 submitted on May 22, 2024, which had an incorrect amount of securities beneficially owned.
- The transaction on May 22, 2024, involved the vesting of 1,739.259 restricted stock units.
- 764 shares were traded, and 0.259 shares were converted to cash to cover tax obligations at a price of $44.87.
- Following the transaction, Brant beneficially owns 32,031.205 shares of common stock.
- This includes 8,307.205 shares of restricted stock that are subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | 1,633.687 shares of restricted stock become fully vested. |
| 05/20/2025 | 3,195 shares become fully vested 33.33% per year for three years beginning on this date. |
| 05/22/2024 | Date of earliest transaction; 1,739.259 restricted stock units became fully vested; 764 shares were traded to cover tax obligations. |
| 05/22/2025 | 3,478.518 shares become fully vested 50% per year for two years beginning on this date. |
| 05/24/2024 | Date of original filing. |
| 06/05/2024 | Date of amended filing (Form 4/A). |
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