Columbus McKinnon (CMCO) exec uses 552 shares for tax withholding
Rhea-AI Filing Summary
Columbus McKinnon Corp senior vice president and general counsel Alan S. Korman reported a routine tax-related share disposition. On 5/22/2026, 552 shares of common stock, valued at $14.88 per share, were withheld to satisfy tax obligations when 1,940.004 restricted stock units became fully vested. After this tax-withholding disposition, Korman directly held 49,413.198 common shares, including 7,838.119 unvested restricted shares subject to future vesting conditions.
Positive
- None.
Negative
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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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 552 | $14.88 | $8K |
Holdings After Transaction:
Common Stock — 49,413.198 shares (Direct)
Footnotes (1)
- 1.940.004 restricted stock units became fully vested on 5/22/2026, of which 552 shares were traded to satisfy tax withholding obligations. Includes 7,838.119 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,199.015 shares become fully vested 5/20/2027, and 6,639.104 shares become fully vested 50% per year for two years beginning 5/19/2027, if reporting person remains an employee of issuer.
Key Figures
Tax-withholding shares: 552 shares
Disposition price: $14.88 per share
Shares after transaction: 49,413.198 shares
+4 more
7 metrics
Tax-withholding shares
552 shares
Common stock delivered for tax withholding on 5/22/2026
Disposition price
$14.88 per share
Value used for 552-share tax-withholding disposition
Shares after transaction
49,413.198 shares
Direct CMCO common stock holdings after tax withholding
RSUs vested
1,940.004 units
Restricted stock units that became fully vested on 5/22/2026
Unvested restricted shares
7,838.119 shares
Restricted stock subject to forfeiture as of this filing
2027 single-date vesting
1,199.015 shares
Restricted stock vesting on 5/20/2027 if still employed
2027–2028 graded vesting
6,639.104 shares
Vest 50% per year for two years from 5/19/2027
Key Terms
restricted stock units, tax withholding obligations, subject to forfeiture, fully vested
4 terms
restricted stock units financial
"1.940.004 restricted stock units became fully vested on 5/22/2026"
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.
tax withholding obligations financial
"552 shares were traded to satisfy tax withholding obligations"
subject to forfeiture financial
"shares of restricted stock issued to reporting person subject to forfeiture"
fully vested financial
"1.940.004 restricted stock units became fully vested on 5/22/2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CMCO executive Alan S. Korman report in this Form 4?
Alan S. Korman reported a tax-withholding disposition of 552 shares of Columbus McKinnon common stock. The shares were used to cover taxes when restricted stock units vested, rather than being sold in the open market.
What equity award vested for CMCO executive Alan S. Korman on May 22, 2026?
On May 22, 2026, 1,940.004 restricted stock units held by Korman became fully vested. As part of this vesting event, 552 shares were traded to cover tax withholding obligations associated with the award.
What future vesting schedule is disclosed for Alan S. Korman’s CMCO restricted stock?
The filing shows 7,838.119 restricted shares subject to forfeiture. Of these, 1,199.015 shares vest on May 20, 2027, and 6,639.104 shares vest 50% per year for two years beginning May 19, 2027, if he remains employed.
Was the CMCO Form 4 transaction an open-market sale by Alan S. Korman?
No, the Form 4 describes a tax-withholding disposition under code F, not an open-market sale. Shares were delivered to satisfy tax liabilities arising from vested restricted stock units, a common administrative transaction.