Columbus McKinnon (CMCO) legal chief granted dividend-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon Corp senior vice president and general counsel Alan S. Korman received 62.805 shares of common stock on May 11, 2026 as a grant attributed to dividend reinvestment. The shares were acquired at a stated price of $0.00 per share, reflecting a compensation-related award rather than an open-market purchase.
After this transaction, Korman directly holds a total of 51,595.198 common shares. Footnotes explain that this total includes 14,297.198 restricted shares subject to forfeiture, with portions scheduled to vest in stages through 2029, provided he remains an employee.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Korman Alan S
Role
Sr VP, Gen'l Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62.805 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,595.198 shares (Direct, null)
Footnotes (1)
- Represents additional restricted stock units attributable to dividend reinvestment. Includes 14,297.198 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,940.004 shares become fully vested 5/22/2026; 2,398.030 shares become fully vested 50% per year for three years beginning 5/20/2026, and 9,959.164 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 acquired: 62.805 shares
Price per share: $0.00 per share
Total holdings after transaction: 51,595.198 shares
+4 more
7 metrics
Shares acquired
62.805 shares
Grant attributable to dividend reinvestment on May 11, 2026
Price per share
$0.00 per share
Stated acquisition price for grant/award shares
Total holdings after transaction
51,595.198 shares
Direct common stock owned after May 11, 2026 grant
Restricted shares included
14,297.198 shares
Restricted stock subject to forfeiture within total holdings
Single vesting tranche
1,940.004 shares
Becomes fully vested on May 22, 2026 if still employed
50% per year vesting block
2,398.030 shares
Vests 50% annually for three years from May 20, 2026
33.33% per year vesting block
9,959.164 shares
Vests 33.33% annually for three years from May 19, 2026
Key Terms
restricted stock units, dividend reinvestment, subject to forfeiture, 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 14,297.198 shares of restricted stock issued to reporting person subject to forfeiture in whole or part;"
vested financial
"1,940.004 shares become fully vested 5/22/2026; 2,398.030 shares become fully vested 50% per year for three years"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did CMCO executive Alan S. Korman report in this Form 4 filing?
Alan S. Korman reported receiving 62.805 shares of Columbus McKinnon common stock. The award reflects additional restricted stock units from dividend reinvestment and is a compensation-related acquisition, not an open-market share purchase or sale by the executive.