Columbus McKinnon (NASDAQ: CMCO) director converts deferred units into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon director Aziz Aghili increased his direct holdings through an equity compensation event. On June 1, 2026, he exercised 3,283.085 deferred stock units, receiving the same number of shares of common stock at a stated price of $0.00 per share.
Each deferred stock unit represented a contingent right to one share of Columbus McKinnon common stock, and the deferred shares were delivered under the company’s plan. Following this transaction, Aghili directly holds 19,536.085 shares of common stock. The activity reflects a conversion of deferred equity rather than any open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,283.085 shares exercised/converted
Mixed
3 txns
Insider
Aghili Aziz
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock | 3,283.085 | $0.00 | -- |
| Exercise | Common Stock | 3,283.085 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock — 0 shares (Direct, null);
Common Stock — 19,536.085 shares (Direct, null)
Footnotes (1)
- 3283.085 deferred stock units were distributed to the reporting person on 06/01/2026. Each deferred stock unit represents a contingent right to receive one (1) share of Columbus McKinnon Corporation common stock. Deferred shares were delivered to the reporting person on 06/01/2026, under and subject to the terms of the Plan.
Key Figures
Deferred units exercised: 3,283.085 shares
Exercise price: $0.00 per share
Shares held after transaction: 19,536.085 shares
+1 more
4 metrics
Deferred units exercised
3,283.085 shares
Deferred stock units converted to common stock on June 1, 2026
Exercise price
$0.00 per share
Stated price for conversion of deferred stock units
Shares held after transaction
19,536.085 shares
Common stock directly held by Aziz Aghili after June 1, 2026
Deferred stock units remaining
0.0000 units
Deferred stock derivative position after exercise and distribution
Key Terms
Deferred Stock, deferred stock units, contingent right, derivative exercise/conversion
4 terms
Deferred Stock financial
"security_title": "Deferred Stock""
deferred stock units financial
"3283.085 deferred stock units were distributed to the reporting person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
contingent right financial
"Each deferred stock unit represents a contingent right to receive one (1) share"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did Aziz Aghili do in this Form 4 for CMCO?
Aziz Aghili exercised 3,283.085 deferred stock units into the same number of Columbus McKinnon common shares. This was an equity compensation conversion, not an open-market trade, and it increased his directly held common stock position.
What are deferred stock units in the context of CMCO and Aziz Aghili?
For Columbus McKinnon, each deferred stock unit represents a contingent right to receive one share of common stock. In this filing, 3,283.085 deferred stock units held by Aziz Aghili were distributed and converted into an equal number of common shares under the company’s plan.
Did Aziz Aghili dispose of any CMCO derivative securities in this transaction?
Yes, the deferred stock derivative position was effectively reduced to zero. The filing shows 3,283.085 deferred stock units exercised and converted into common stock, leaving no remaining deferred stock units outstanding after the transaction according to the reported derivative holdings.
Does this CMCO Form 4 indicate a routine compensation event for Aziz Aghili?
Yes, the reported activity reflects a routine compensation-related conversion. Deferred stock units were distributed and delivered as common shares under the company’s plan, with no indicated open-market buying or selling, consistent with standard equity compensation practices for directors.