Form 4: Manitowoc Co Inc: Executive Officer Cook James Steele Reports Share Transactions
SEC Form 4 Filing
EVP James Steele Cook reports acquisition and disposal of Manitowoc Co Inc shares related to performance share unit settlement and tax obligations.
Summary
- On February 18, 2025, James Steele Cook, an Executive Vice President at Manitowoc Co Inc, reported transactions involving the company's common stock.
- Cook acquired 2,583 shares through the settlement of performance share units at a price of $0.
- He also disposed of 1,459 shares at $11.68 and 436 shares at $11.68 to cover tax withholding obligations related to settled performance share units and restricted stock units.
- Following these transactions, Cook beneficially owns 40,176.678 shares of Manitowoc Co Inc common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 12/31/2024 | Performance period end date for performance share units. |
| 02/20/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, MTW, Manitowoc Co Inc, James Steele Cook, Performance Share Units, Restricted Stock Units, Tax Withholding
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