Columbus McKinnon (NASDAQ: CMCO) SVP granted new restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adams Jon reported acquisition or exercise transactions in this Form 4 filing.
COLUMBUS MCKINNON CORP senior vice president of business integration Jon Adams received a grant of 41.478 shares of common stock as a compensation award, recorded at a price of $0.00 per share. Following this award, he directly holds 9,442.386 shares of restricted stock, all subject to various vesting schedules tied to continued employment through dates in 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Jon
Role
Sr. VP, Business Integration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41.478 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,442.386 shares (Direct, null)
Footnotes (1)
- Represents additional restricted stock units attributable to dividend reinvestment. Includes 9,442.386 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 743.047 shares become fully vested 5/22/2026; 683.487 shares become fully vested 1/22/2027; 1,256.649 become fully vested 50% per year for two years beginning 5/20/2026, and 6,759.203 shares become fully vested 33.33% per year for three years beginning 5/19/2026, if reporting person remains an employee of issuer.
Key Figures
Shares granted: 41.478 shares
Price per share: $0.00 per share
Restricted shares after transaction: 9,442.386 shares
+4 more
7 metrics
Shares granted
41.478 shares
Restricted stock units attributable to dividend reinvestment on common stock
Price per share
$0.00 per share
Grant/award acquisition of common stock
Restricted shares after transaction
9,442.386 shares
Total restricted stock held directly following the grant
Vesting on 5/22/2026
743.047 shares
Restricted stock tranche becoming fully vested on May 22, 2026
Vesting on 1/22/2027
683.487 shares
Restricted stock tranche becoming fully vested on January 22, 2027
Two-year vesting tranche
1,256.649 shares
Vests 50% per year for two years beginning May 20, 2026
Three-year vesting tranche
6,759.203 shares
Vests 33.33% per year for three years beginning May 19, 2026
Key Terms
restricted stock units, dividend reinvestment, subject to forfeiture, fully vested, +1 more
5 terms
restricted stock units financial
"Represents additional restricted stock units attributable to dividend reinvestment."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"Represents additional restricted stock units attributable to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
subject to forfeiture financial
"Includes 9,442.386 shares of restricted stock issued to reporting person subject to forfeiture in whole or part;"
fully vested financial
"743.047 shares become fully vested 5/22/2026; 683.487 shares become fully vested 1/22/2027;"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did CMCO executive Jon Adams report in this Form 4?
Jon Adams reported acquiring 41.478 shares of Columbus McKinnon common stock as a grant. The award is structured as additional restricted stock units attributable to dividend reinvestment, with no cash purchase involved and subject to existing vesting conditions on his restricted stock.
What employment condition is tied to Jon Adams’s CMCO restricted stock vesting?
The filing specifies that all 9,442.386 restricted shares are subject to forfeiture if conditions are not met. Vesting occurs only if Jon Adams remains an employee of Columbus McKinnon through the various future vesting dates described in the footnotes.