[8-K] Columbus McKinnon Corp/NY Reports Material Event

Rhea-AI Filing Summary

Boyd Gaming Corp. (BYD) filed a Form 4 on 08/04/2025 disclosing that Chief Administrative Officer Stephen S. Thompson sold 15,906 common shares on 08/01/2025 at a weighted-average price of $83.25 (trade range $83.60–$82.75), generating proceeds of roughly $1.3 million.

Post-sale holdings equal 38,609 shares held directly and 47,125 shares held indirectly through the Stephen S. & Debra L. Thompson Trust (12/17/2015). No derivative security activity or 10b5-1 plan was reported.

The transaction reduces Thompson’s direct ownership but he maintains a combined stake of 85,734 shares, continuing material equity exposure to BYD.

Insights

Securities Analyst

TL;DR: CAO sells ~$1.3 M in BYD stock; modestly negative insider signal.

The 15,906-share sale at $83.25 trims Stephen Thompson’s direct stake by nearly 29%. While he still owns 85.7 K shares, insider sales—even routine—are often interpreted as a short-term caution flag. The absence of accompanying option exercise or 10b5-1 plan suggests this was discretionary. Trade size (~$1.3 M) is immaterial to Boyd’s market cap but can weigh on sentiment, especially after BYD’s recent run-up to the low-$80s.

Corporate Governance Expert

TL;DR: Filing shows compliant disclosure; ownership alignment remains intact.

The Form 4 was timely (within two business days) and includes weighted-average pricing per SEC guidance. Thompson retains significant direct and trust holdings, maintaining alignment with shareholders. No red flags on reporting quality or Rule 144 restrictions. Governance impact is neutral; investors should watch for pattern or multiple executive sales before drawing stronger conclusions.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 4, 2025

COLUMBUS McKINNON CORPORATION

(Exact name of registrant as specified in its charter)

New York

(State or other jurisdiction of incorporation)

001-34362						16-0547600
(Commission File Number)						(IRS Employer Identification No.)

13320 Ballantyne Corporate Place, Suite D			Charlotte			NC			28277
(Address of principal executive offices)									(Zip Code)

Registrant's telephone number including area code: (716) 689-5400

_________________________________________________

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $0.01 par value per share			CMCO			Nasdaq Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging Growth Company

If an Emerging Growth Company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

(e) On August 4, 2025, the Human Capital, Compensation & Succession Committee of the Board of Directors of Columbus McKinnon Corporation (the “Company”) adopted resolutions to terminate the Columbus McKinnon Corporation Employee Stock Ownership Plan (the “ESOP”) effective August 4, 2025. As of August 1, 2025, the ESOP held approximately 131,903 shares of the Company’s common stock, representing approximately 0.46% of the Company’s issued and outstanding common stock, and approximately $388,000 in cash.

Of these amounts, the following were allocated to the Company’s named executive officers:

Name			Title			Shares			Cash(1)
Gregory P. Rustowicz			Executive Vice President – Finance and Chief Financial Officer			242			$672.05
Alan S. Korman			Senior Vice President, General Counsel, Corporate Development and Secretary			302			$828.19

(1) Cash amounts are as of March 31, 2025, which is the most recent valuation date for any cash amounts held by a participant in the ESOP.

The ESOP previously became closed to new participants effective January 1, 2012. The final ESOP allocation was made to ESOP participants as of March 31, 2015, and all participants were 100% vested in their respective ESOP account balance as of that date. As a result of the ESOP termination, the vested account balance of each ESOP participant will be distributed to such ESOP participant, who will have the option either to have their vested account balance distributed to them directly or have their vested account balance rolled over to the Company’s qualified 401(k) plan, an individual retirement account or other eligible retirement plan. The Company anticipates that vested account balances will be distributed to ESOP participants in October 2025.

EXHIBIT NUMBER						DESCRIPTION
104						Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

COLUMBUS McKINNON CORPORATION
By:			/s/ Gregory P. Rustowicz
Name:			Gregory P. Rustowicz
Title:			Executive Vice President - Finance and Chief Financial Officer
			(Principal Financial Officer)

Dated: August 4, 2025

FAQ

How many Boyd Gaming (BYD) shares did Stephen Thompson sell?

15,906 common shares were sold on 08/01/2025.

What was the average sale price reported in the Form 4?

The weighted-average price was $83.25 per share (range $83.60–$82.75).

How many BYD shares does Thompson own after the transaction?

He owns 38,609 shares directly and 47,125 shares indirectly, totaling 85,734 shares.

Did the filing mention any 10b5-1 trading plan?

No. The Form 4 did not indicate that the transaction was executed under a Rule 10b5-1 plan.

Were any options or derivative securities exercised or disposed?

No derivative security activity was reported in Table II of the filing.