Columbus McKinnon (CMCO) grants 50.7333 dividend RSUs to regional president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon Corporation reported an insider equity award for Appal Chintapalli, President of EMEA & APAC. On this Form 4, he acquired 50.7333 shares of common stock in the form of additional restricted stock units attributable to dividend reinvestment.
After this award, his direct holdings total 37,902.4566 shares of common stock. This includes 13,818.4566 shares of restricted stock that remain subject to forfeiture and vest over time, with portions vesting in 2026 and later years if he continues as an employee.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chintapalli Appal
Role
President of EMEA & APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50.733 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,902.457 shares (Direct)
Footnotes (1)
- Represents additional restricted stock units attributable to dividend reinvestment. Includes 13,818.4566 shares of restricted stock issued to reporting person subject to forfeiture in while of part. 1,716.8733 shares become fully vested 5/22/2026; 2,233.7946 shares become fully vested 50% per year for two years beginning 5/20/2026, and 9,867.7887 shares become fully vested 33.33% per year for three years beginning 5/19/2026 if reporting person remains an employee of issuer.
FAQ
What insider transaction did CMCO report for Appal Chintapalli?
Columbus McKinnon reported that Appal Chintapalli received 50.7333 additional restricted stock units through dividend reinvestment. These units are tied to the company’s common stock and increase his equity-based compensation without an open-market purchase or sale of shares.
What is Appal Chintapalli’s role at Columbus McKinnon (CMCO)?
Appal Chintapalli serves as Columbus McKinnon’s President of EMEA & APAC. His position links directly to operations across Europe, the Middle East, Africa, and Asia-Pacific, and the reported equity award reflects compensation associated with this executive leadership responsibility.
What are dividend reinvestment restricted stock units in the CMCO filing?
Dividend reinvestment restricted stock units represent additional share units credited instead of cash dividends. In this case, 50.7333 units were added to Appal Chintapalli’s holdings, increasing his potential future share ownership if and when the underlying restricted stock units ultimately vest.
How much of Appal Chintapalli’s CMCO stock is still restricted or subject to vesting?
Out of Appal Chintapalli’s 37,902.4566 CMCO shares, 13,818.4566 are restricted stock subject to forfeiture. These restricted shares vest in scheduled tranches over multiple years, contingent on his continued employment with Columbus McKinnon Corporation.