Columbus McKinnon Insider Alan Korman Adds RSUs; Vesting Schedule Disclosed
Rhea-AI Filing Summary
Alan S. Korman, Senior Vice President, General Counsel and Secretary of Columbus McKinnon Corporation (CMCO), reported a transaction dated 08/18/2025 in which 67.5234 shares were acquired as non‑derivative securities at a $0 price attributable to additional restricted stock units from dividend reinvestment. Following the transaction, Mr. Korman beneficially owned 51,413.497 shares in total. The filing states that 14,115.4970 shares are restricted and subject to forfeiture with specified vesting schedules: 1,915.5694 shares vesting 05/22/2026; 2,367.6896 shares vesting 50% per year for three years beginning 05/20/2026; and 9,832.2380 shares vesting 33.33% per year for three years beginning 05/19/2026. The form is signed 08/19/2025.
Positive
- Increase in reported ownership to 51,413.497 shares after the acquisition
- Transparent disclosure of restricted shares and specific vesting schedules for 14,115.4970 shares
Negative
- Significant portion of holdings (14,115.4970 shares) are subject to forfeiture and not immediately vested
Insights
TL;DR: Insider acquired additional RSU shares via dividend reinvestment, increasing beneficial ownership to 51,413.497 shares.
The Form 4 documents a routine, tax‑neutral acquisition of equity through dividend reinvestment that results in additional restricted stock units being recorded as acquired at $0. The reporting person is a senior officer and corporate secretary, so this filing updates officer ownership and discloses material vesting schedules and forfeiture conditions for 14,115.497 restricted shares. This information clarifies the timeline over which a portion of his holdings becomes freely vested.
TL;DR: Acquisition is non‑cash and primarily reflects compensation/RSU mechanics rather than open‑market purchases.
The entry shows a Code V acquisition tied to dividend reinvestment and restricted stock unit mechanics rather than a market purchase, with the post‑transaction beneficial ownership disclosed. The vesting schedule detail is useful for modeling potential future share availability from insider holdings, but the transaction itself is not a cash investment or change in control position.