Form 4: Manitowoc Co Inc: Executive Vice President James Steele Cook Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


James Steele Cook, EVP of Human Resources at Manitowoc Co Inc, reports the disposition of 2,831 common stock shares to cover tax obligations on restricted stock units.

Summary

  • On February 27, 2025, James Steele Cook, EVP of Human Resources at Manitowoc Co Inc, disposed of 2,831 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations related to previously reported restricted stock units.
  • The price per share was $10.44.
  • Following the transaction, Cook beneficially owns 37,345.68 shares of Manitowoc Co Inc common stock, which includes the most recent deferred compensation plan balance.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, and it doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
02/27/2025Date of transaction: Disposition of 2,831 shares of common stock.
03/03/2025Date of signature for the report.

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