Form 4: Manitowoc CEO Aaron Ravenscroft Acquires 3,000 Shares of Common Stock
SEC Form 4 Filing
Aaron Ravenscroft, President & CEO of Manitowoc Co Inc, purchased 3,000 shares of common stock at a price of $8.6787 per share on May 7, 2025.
Summary
- On May 7, 2025, Aaron H. Ravenscroft, the President & CEO of Manitowoc Co Inc, acquired 3,000 shares of common stock.
- The purchase price was $8.6787 per share.
- Following the transaction, Ravenscroft directly owns 690,142.24 shares of Manitowoc Co Inc.
- Ravenscroft also holds derivative securities in the form of officer options with varying exercise prices and expiration dates.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the CEO's stock purchase, which signals confidence in the company. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The CEO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider buying is often seen as a positive sign for a company's prospects, as it indicates that management believes the company's stock is undervalued.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/28/2017 | Date from which options to purchase 24,753 shares are exercisable. |
| 02/22/2018 | Date from which options to purchase 20,205 shares are exercisable. |
| 02/20/2019 | Date from which options to purchase 17,760 shares are exercisable. |
| 02/27/2020 | Date from which options to purchase 22,247 shares are exercisable. |
| 02/02/2002 | Date from which options to purchase 39,063 shares are exercisable. |
| 05/07/2025 | Date of the common stock purchase transaction. |
| 03/28/2026 | Expiration date for options to purchase 24,753 shares. |
| 02/22/2027 | Expiration date for options to purchase 20,205 shares. |
| 02/20/2028 | Expiration date for options to purchase 17,760 shares. |
| 02/27/2029 | Expiration date for options to purchase 22,247 shares. |
| 02/26/2030 | Expiration date for options to purchase 39,063 shares. |
Keywords
Manitowoc, Ravenscroft, insider trading, stock purchase, MTW, CEO, common stock, options
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