Form 4: Columbus McKinnon Senior VP Disposes Shares for Tax Withholding Following RSU Vesting

Alan S. Korman, Senior Vice President, General Counsel, and Secretary of Columbus McKinnon Corp., disposed of 687.5507 shares of common stock valued at $16.39 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.

Summary

• Alan S. Korman, Sr VP, Gen'l Counsel & Sec of COLUMBUS MCKINNON CORP (CMCO), reported a transaction on May 22, 2025.
• The transaction involved the disposition of 687.5507 shares of Common Stock at a price of $16.39 per share.
• This disposition was made to satisfy tax withholding obligations upon the full vesting of 1,907.5507 restricted stock units (RSUs).
• Following this transaction, Mr. Korman beneficially owns 51,345.9736 shares of Common Stock.
• The remaining beneficial ownership includes 14,047.9736 shares of restricted stock subject to forfeiture, with various vesting schedules tied to continued employment: 1,906.5322 shares vesting on May 22, 2026; 2,356.4414 shares vesting 50% per year for three years beginning May 20, 2026; and 9,785 shares vesting 33.33% per year for three years beginning May 19, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were disposed, it was for a routine tax obligation related to the vesting of equity awards, which is a positive event for the executive. The executive retains a significant beneficial ownership, including substantial unvested shares, indicating continued alignment with the company's future.

Positives

• The vesting of 1,907.5507 restricted stock units indicates a successful milestone for the reporting person, converting equity awards into beneficial ownership.
• The significant remaining beneficial ownership of 51,345.9736 shares, including substantial unvested restricted stock, aligns the executive's interests with long-term shareholder value.

Negatives

• A portion of the vested shares (687.5507 shares) was disposed of to cover tax withholding obligations, which represents a reduction in direct share ownership.

Future Outlook

The document indicates future vesting schedules for additional restricted stock units on May 22, 2026, May 20, 2026, and May 19, 2026, contingent on the reporting person remaining an employee of the issuer, suggesting continued alignment of executive incentives with long-term company performance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically related to executive compensation and tax obligations upon RSU vesting. It does not provide broader industry context or trends, but reflects standard practices for equity compensation in publicly traded companies within the industrial manufacturing sector, where Columbus McKinnon operates.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and does not indicate a change in company strategy or financial health. The executive's continued significant ownership, including future vesting, aligns their interests with long-term shareholder value.
• Employees: The vesting of RSUs and subsequent tax-related disposition is a standard part of executive compensation, which can serve as a model for other employees with equity awards.

Next Steps

• Future vesting of 1,906.5322 restricted shares on May 22, 2026.
• Future vesting of 2,356.4414 restricted shares (50% per year for three years) beginning May 20, 2026.
• Future vesting of 9,785 restricted shares (33.33% per year for three years) beginning May 19, 2026.

Key Dates

Keywords

Columbus McKinnon, CMCO, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Share Ownership