Columbus McKinnon grants 20,080 options to GC
COLUMBUS MCKINNON CORP (CMCO) reported equity awards to officer Alan S. Korman, Sr VP, General Counsel & Secretary.
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Form Type
4
Rhea-AI Filing Summary
COLUMBUS MCKINNON CORP (CMCO) reported equity awards to officer Alan S. Korman, Sr VP, General Counsel & Secretary. On 2026-08-17 he received 20,080 non-qualified stock options with an exercise price of $19.11 per share, exercisable 33.33% per year on 8/17/2027, 5/18/2028 and 5/18/2029, subject to continued employment and potential forfeiture. He also acquired 9,055 restricted stock units with the same 3-year vesting dates, and 28.726 additional RSUs from dividend reinvestment. A related footnote states his restricted stock holdings now include 16,921.845 shares, with various portions vesting between 2026 and 2029, all contingent on ongoing employment.
Insider Trade Summary
Grant/Award: 29,163.726 shares
Grant/Award
3 txns
Insider
Korman Alan S
Role
Sr VP, Gen'l Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options (Right to Buy) F4 | 20,080 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 28.726 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2, F3 | 9,055 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 20,080 contracts (Direct);
Common Stock — 58,496.924 shares (Direct)
Footnotes (4)
- F1. Represents additional restricted stock units attributable to dividend reinvestment.
- F2. Represents restricted stock units issued to reporting person under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan as amended and restated effective June 4, 2024, and further amended effective August 14, 2026, subject to forfeiture in whole or part; units become fully and non-forfeitable 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
- F3. Includes 16,921.845 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,203.409 shares become fully vested 5/20/2027, 6,663.436 shares become fully vested 50% per year for two years beginning 5/19/2026 and 9,055 shares become fully vested 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
- F4. Represents non-qualified stock options issued to reporting person under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan as amended and restated effective June 4, 2024, and further amended effective August 14, 2026, subject to forfeiture in whole or part; options become exercisable 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
Key Figures
Non-qualified stock options granted: 20,080 shares
Option exercise price: $19.11 per share
RSUs granted: 9,055 shares
+5 more
8 metrics
Non-qualified stock options granted
20,080 shares
Options granted to Alan S. Korman on 2026-08-17
Option exercise price
$19.11 per share
Exercise price of 20,080 non-qualified stock options
RSUs granted
9,055 shares
Restricted stock units granted on 2026-08-17
Dividend reinvestment RSUs
28.726 shares
Additional RSUs attributable to dividend reinvestment
Restricted stock holdings
16,921.845 shares
Total restricted stock referenced in footnote F3
Option vesting dates
8/17/2027; 5/18/2028; 5/18/2029
Each date 33.33% of options become exercisable
RSU vesting dates
8/17/2027; 5/18/2028; 5/18/2029
Each date 33.33% of 9,055 RSUs vest
Latest vesting date for prior restricted stock
5/20/2027 and 5/19/2026 start
Portions of prior restricted stock tranches vest by these dates
Key Terms
Non-Qualified Stock Options, restricted stock units, subject to forfeiture, exercisable, +1 more
5 terms
Non-Qualified Stock Options financial
"Represents non-qualified stock options issued to reporting person"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
restricted stock units financial
"Represents restricted stock units issued to reporting person"
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.
subject to forfeiture financial
"units become fully and non-forfeitable 33.33% per year"
exercisable financial
"options become exercisable 33.33% per year for three years"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did CMCO grant to Alan S. Korman on August 17, 2026?
CMCO granted Alan S. Korman 20,080 non-qualified stock options at $19.11 per share and 9,055 restricted stock units on 2026-08-17, plus 28.726 RSUs from dividend reinvestment, all subject to vesting and forfeiture conditions tied to continued employment.
What is the exercise price and vesting schedule of Alan Korman’s CMCO stock options?
Korman’s non-qualified stock options have an exercise price of $19.11 per share and become exercisable 33.33% per year on 8/17/2027, 5/18/2028, and 5/18/2029, provided he remains an employee, with options subject to forfeiture.
When do Alan Korman’s new CMCO restricted stock units vest?
The 9,055 restricted stock units granted to Korman vest 33.33% per year on 8/17/2027, 5/18/2028, and 5/18/2029, assuming he remains employed. These awards are subject to forfeiture in whole or part under the company’s long-term incentive plan.
What CMCO incentive plan governs Alan Korman’s new stock options and RSUs?
The awards were issued under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan, as amended and restated effective June 4, 2024 and further amended August 14, 2026. This plan sets the vesting, forfeiture, and other terms for the options and restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
