Form 4: Manitowoc Co Inc: Ryan M Palmer Reports Changes in Beneficial Ownership

Ryan M Palmer, VP, Corporate Controller & POA of Manitowoc Co Inc, reports acquisition and disposal of common stock due to performance share unit settlement and tax withholding.

Summary

• On February 18, 2025, Ryan M Palmer, VP, Corporate Controller & POA of Manitowoc Co Inc, reported changes in beneficial ownership of the company's common stock.
• Palmer acquired 1,628 shares of common stock through the settlement of performance share units for the performance period ending December 31, 2024.
• 744 shares were disposed of to satisfy tax withholding obligations on the settled performance share units at a price of $11.68.
• An additional 222 shares were withheld to satisfy tax obligations on previously reported restricted stock units at a price of $11.68.
• Following these transactions, Palmer beneficially owns 12,925 shares of Manitowoc Co Inc common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not convey strong positive or negative sentiment. It reflects routine transactions related to executive compensation.

Positives

• The acquisition of shares through performance share unit settlement indicates that performance goals were met, which is a positive signal.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily reflect broader industry trends.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's overall financial health.

Key Dates

Keywords

Form 4, Beneficial Ownership, Manitowoc Co Inc, MTW, Ryan M Palmer, Performance Share Units, Restricted Stock Units, Tax Withholding, Common Stock