Columbus McKinnon CFO Reports RSU Credit; 19,418.76 Shares Restricted
Rhea-AI Filing Summary
Gregory Rustowicz, Executive Vice President Finance and CFO of Columbus McKinnon Corp (CMCO), reported an equity award transaction on Form 4 dated 08/18/2025. The filing shows an acquisition of 92.8827 shares of Common Stock credited as additional restricted stock units from dividend reinvestment at no cash price. After the transaction Rustowicz beneficially owns 95,507.7591 shares in total. The filing discloses that 19,418.7591 of those shares are restricted and subject to forfeiture, with specific vesting tranches: 2,701.4442 shares vest 05/22/2026; 3,328.9922 shares vest 50% per year beginning 05/20/2026; and 13,388.3227 shares vest 33.33% per year beginning 05/19/2026.
Positive
- Transparent disclosure of restricted share amounts and detailed vesting schedule
- Additional restricted stock units credited via dividend reinvestment (92.8827 shares) recorded as acquired at $0
Negative
- Substantial portion of holdings (19,418.7591 shares) are restricted and subject to forfeiture, indicating future vesting risk
- Multi-year vesting spreads potential dilution over several years which may affect share availability over time
Insights
TL;DR: Insider acquired a small incremental RSU allocation; total holdings include a large unvested portion with multi-year vesting.
The reported transaction is an administrative dividend-reinvestment credit of 92.8827 restricted stock units recorded as an acquisition at no cash cost, increasing the reporting person's beneficial ownership to 95,507.7591 shares. The material element for investors is the disclosure of 19,418.7591 restricted shares subject to forfeiture with staggered vesting through 2026 and subsequent years, which helps clarify insider alignment and potential future share dilution timing. Overall the filing is routine and informational rather than eventful.
TL;DR: The Form 4 provides clear vesting detail on RSUs, supporting transparency on executive compensation timing.
The submission lists the reporting person as an officer and provides specific vesting schedules for restricted stock, including exact tranche amounts and vesting start dates. This level of detail is helpful for governance oversight and for modeling when formerly restricted shares may become freely tradable. The transaction itself is small and appears consistent with standard compensation and dividend reinvestment practices.