Form 4: Manitowoc CEO Aaron Ravenscroft Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Aaron Ravenscroft, President & CEO of Manitowoc Co Inc, reports acquisition and disposal of common stock, as well as holdings in derivative securities.
Summary
- On March 21, 2024, Aaron H. Ravenscroft, President & CEO of Manitowoc Co Inc, reported changes in beneficial ownership of the company's securities.
- The reported transactions involve common stock and derivative securities, specifically officer options.
- Ravenscroft acquired 129,904 shares of common stock at $0 and disposed of 492,587.24 shares.
- Following the reported transactions, Ravenscroft beneficially owns 492,587.24 shares of common stock.
- Ravenscroft also holds various officer options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/28/2016 | Officer Option grant date with an exercise price of $17.4 |
| 03/28/2017 | Officer Option exercisable date with an exercise price of $17.4 |
| 02/22/2017 | Officer Option grant date with an exercise price of $25.68 |
| 02/22/2018 | Officer Option exercisable date with an exercise price of $25.68 |
| 02/20/2018 | Officer Non-Qualified Option grant date with an exercise price of $32.98 |
| 02/20/2019 | Officer Non-Qualified Option exercisable date with an exercise price of $32.98 |
| 02/27/2019 | Officer Non-Qualified Option grant date with an exercise price of $18.4 |
| 02/27/2020 | Officer Non-Qualified Option exercisable date with an exercise price of $18.4 |
| 02/26/2020 | Officer Non-Qualified Option grant date with an exercise price of $12.37 |
| 02/26/2021 | Officer Non-Qualified Option exercisable date with an exercise price of $12.37 |
| 03/21/2024 | Date of reported transaction involving common stock. |
| 03/25/2024 | Date of signature for the report. |
| 03/28/2026 | Expiration date for Officer Option with an exercise price of $17.4 |
| 02/22/2027 | Expiration date for Officer Option with an exercise price of $25.68 |
| 02/20/2028 | Expiration date for Officer Non-Qualified Option with an exercise price of $32.98 |
| 02/27/2029 | Expiration date for Officer Non-Qualified Option with an exercise price of $18.4 |
| 02/26/2030 | Expiration date for Officer Non-Qualified Option with an exercise price of $12.37 |
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