Form 4: Manitowoc Executive James Steele Cook Reports Stock Transactions

EVP of Human Resources at Manitowoc, James Steele Cook, reports acquisition and disposal of company stock related to performance share units and tax obligations.

Summary

• James Steele Cook, EVP of Human Resources at Manitowoc, filed a Form 4 detailing changes in beneficial ownership of company stock.
• On February 10, 2025, Cook acquired 581 shares of common stock related to the settlement of performance share units.
• Also on February 10, 2025, Cook disposed of 3,212 shares of common stock to satisfy tax withholding obligations on restricted stock units at a price of $9.91 per share.
• Following these transactions, Cook beneficially owns 39,488.678 shares of Manitowoc common stock, which includes restricted stock units and deferred compensation plan balance.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it's primarily related to executive compensation.

Key Dates

Keywords

Form 4, Manitowoc, Stock, Beneficial Ownership, Executive Compensation, MTW, James Steele Cook