Form 4: Manitowoc Co Inc: Executive Vice President Leslie L. Middleton Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Leslie L. Middleton, EVP at Manitowoc Co Inc, reports acquisition and disposal of common stock and derivative securities.

Summary

  • Leslie L. Middleton, an Executive Vice President at Manitowoc Co Inc, filed a Form 4 with the SEC on March 25, 2024.
  • The report details changes in beneficial ownership of Manitowoc Co Inc's securities.
  • On March 21, 2024, Middleton acquired 25,981 shares of common stock and now beneficially owns 119,022 shares.
  • The filing also lists derivative securities, including officer options with varying exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine filing of stock transactions. The acquisition of shares could be seen as slightly positive, but it's not definitive.

Positives

  • The acquisition of shares by an executive could be interpreted as a positive signal about the company's prospects.

Industry Context

Executive stock transactions are common and are often monitored by investors for insights into management's confidence in the company's future performance.

Stakeholder Impact

  • The change in beneficial ownership may be of interest to shareholders.

Key Dates

DateDescription
03/28/2016Officer Option grant date with an exercise price of $17.4
02/22/2017Officer Option grant date with an exercise price of $25.68
03/28/2017Officer Option exercisable date
02/20/2018Officer Non-Qualified Option grant date with an exercise price of $32.98
02/22/2018Officer Option exercisable date
02/20/2019Officer Non-Qualified Option exercisable date
02/27/2019Officer Non-Qualified Option grant date with an exercise price of $18.4
02/27/2020Officer Non-Qualified Option exercisable date
03/21/2024Date of transaction involving the acquisition of 25,981 shares of common stock.
03/25/2024Date of Form 4 filing.
02/22/2027Officer Option expiration date
02/20/2028Officer Non-Qualified Option expiration date
02/27/2029Officer Non-Qualified Option expiration date

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