Columbus McKinnon awards options, RSUs to Oddo
COLUMBUS MCKINNON CORP (CMCO) reported equity awards to officer Thomas Patrick Oddo.
Rhea-AI Filing Summary
COLUMBUS MCKINNON CORP (CMCO) reported equity awards to officer Thomas Patrick Oddo. He received 5,680 non-qualified stock options with an exercise price of $19.11 per share, vesting 33.33% per year on 8/17/2027, 5/18/2028 and 5/18/2029, subject to continued employment.
He was also granted 5,122 restricted stock units with the same three-year vesting schedule and acquired 13.69 additional RSUs through dividend reinvestment. Following these grants, his holdings include 8,870.923 shares of restricted stock with detailed time-based vesting through 2029.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 10,815.69 shares
Grant/Award
3 txns
Insider
Oddo Thomas Patrick
Role
CAO, PAO & VP Corp. Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options (Right to Buy) F4 | 5,680 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 13.69 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2, F3 | 5,122 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 5,680 contracts (Direct);
Common Stock — 11,539.248 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 8,870.923 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 545.408 shares become fully vested 5/20/2027, 3,203.515 shares become fully vested 50% per year for two years beginning 5/19/2026 and 5,122 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: 5,680 options
Option exercise price: $19.11 per share
RSUs granted: 5,122 units
+3 more
6 metrics
Non-qualified stock options granted
5,680 options
Granted to Thomas Patrick Oddo on 8/17/2026
Option exercise price
$19.11 per share
Exercise price for 5,680 non-qualified stock options
RSUs granted
5,122 units
Restricted stock units granted under 2016 Long Term Incentive Plan
Dividend reinvestment RSUs
13.69 units
Additional restricted stock units from dividend reinvestment
Total restricted stock held
8,870.923 shares
Restricted stock reported as of this Form 4
Single-tranche vesting amount
545.408 shares
Restricted stock scheduled to vest on 5/20/2027
Key Terms
Non-Qualified Stock Options, restricted stock units, forfeiture, Long Term Incentive Plan
4 terms
Non-Qualified Stock Options financial
"Represents non-qualified stock options issued to reporting person under the Columbus"
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 under the Columbus"
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.
forfeiture financial
"subject to forfeiture in whole or part; options become exercisable 33.33% per year"
Long Term Incentive Plan financial
"under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan as amended"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FAQ
What equity awards did CMCO grant to Thomas Patrick Oddo on August 17, 2026?
On August 17, 2026, CMCO granted Thomas Patrick Oddo 5,680 non-qualified stock options and 5,122 restricted stock units. The options have a $19.11 exercise price, and both awards vest 33.33% per year over three years, subject to continued employment.
What is the vesting schedule for Thomas Patrick Oddo’s new CMCO equity awards?
The new CMCO options and RSUs for Thomas Patrick Oddo vest 33.33% per year on 8/17/2027, 5/18/2028 and 5/18/2029. Vesting occurs only if he remains employed by Columbus McKinnon Corp on those dates.
What is the exercise price of the new CMCO stock options granted to Thomas Patrick Oddo?
The newly granted CMCO non-qualified stock options to Thomas Patrick Oddo carry an exercise price of $19.11 per share. A total of 5,680 options were issued, vesting in three equal annual installments beginning in August 2027.
How many CMCO restricted stock units did Thomas Patrick Oddo receive from dividend reinvestment?
Thomas Patrick Oddo acquired 13.69 additional restricted stock units of CMCO through dividend reinvestment. These RSUs are attributable to dividends on existing holdings and are separate from the 5,122 RSUs granted under the long-term incentive plan.
What restricted stock holdings does Thomas Patrick Oddo report with CMCO after these awards?
After these awards, Thomas Patrick Oddo’s reported CMCO holdings include 8,870.923 shares of restricted stock. Of these, 545.408 shares vest on 5/20/2027, 3,203.515 shares vest 50% per year starting 5/19/2026, and 5,122 shares vest 33.33% per year from 8/17/2027.
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