Form 4: Manitowoc Co Inc: Officer Palmer Ryan M Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ryan M Palmer, VP, Corporate Controller & POA of Manitowoc Co Inc, reports disposing of 505 shares of common stock to cover tax withholding obligations on restricted stock units.
Summary
- On February 27, 2025, Ryan M Palmer, VP, Corporate Controller & POA of Manitowoc Co Inc, disposed of 505 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, Palmer directly owns 12,420 shares of Manitowoc Co Inc.
- The report was filed on March 3, 2025.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock disposal transaction. |
| 03/03/2025 | Date of Form 4 filing. |
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