Form 4: Manitowoc Co Inc: Officer Jennifer L. Peterson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP, General Counsel, and Secretary Jennifer L. Peterson reports acquisition and disposal of Manitowoc Co Inc common stock and holdings in derivative securities.
Summary
- On March 21, 2024, Jennifer L. Peterson, EVP, General Counsel & Secretary of Manitowoc Co Inc, reported changes in beneficial ownership of the company's securities.
- Peterson acquired 19,486 shares of common stock at $0.
- Peterson disposed of 58,109 shares of common stock.
- Following the transaction, Peterson directly owns 1,721 Officer Non-Qualified Options (exercisable 02/20/2019, expiring 02/20/2028) with an exercise price of $32.98.
- Peterson directly owns 1,752 Officer Non-Qualified Options (exercisable 02/27/2021, expiring 02/27/2029) with an exercise price of $18.4.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 02/20/2019 | Date Officer Non-Qualified Options became exercisable |
| 02/20/2028 | Expiration date of Officer Non-Qualified Options |
| 02/27/2021 | Date Officer Non-Qualified Options became exercisable |
| 02/27/2029 | Expiration date of Officer Non-Qualified Options |
| 03/21/2024 | Date of transaction: acquisition and disposal of common stock |
| 03/25/2024 | Date of signature for the Form 4 filing |
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