Columbus McKinnon (CMCO) CFO stock options expire, holdings updated
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon Corp Executive VP Finance and CFO Gregory P. Rustowicz reported an update to his equity holdings. A grant of 28,333 Non-Qualified Stock Options with a $15.16 exercise price expired on May 23, 2026, leaving no options from this grant outstanding.
After these changes, he directly holds 91,874.7100 shares of common stock. This includes 10,725.917 restricted shares subject to forfeiture, of which 1,685.825 are scheduled to fully vest on May 20, 2027, and 9,040.092 are scheduled to vest 50% per year over two years beginning May 19, 2027, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rustowicz Gregory P
Role
Executive VP Finance, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| E | Non-Qualified Stock Options (Right to Buy) | 28,333 | $15.16 | $430K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 0 shares (Direct, null);
Common Stock — 91,874.71 shares (Direct, null)
Footnotes (1)
- Includes 10,725.917 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,685.825 shares become fully vested 5/20/2027; and 9,040.092 shares become fully vested 50% per year for two years beginning 5/19/2027, if reporting person remains an employee of issuer. Options expired on May 23, 2026.
Key Figures
Common shares held after transaction: 91,874.7100 shares
Expired stock options: 28,333 options
Option exercise price: $15.16 per share
+4 more
7 metrics
Common shares held after transaction
91,874.7100 shares
Direct common stock holdings after reported activity
Expired stock options
28,333 options
Non-Qualified Stock Options that expired on May 23, 2026
Option exercise price
$15.16 per share
Exercise price of the 28,333 Non-Qualified Stock Options
Restricted stock included in holdings
10,725.917 shares
Restricted common shares subject to forfeiture
Tranche vesting on May 20, 2027
1,685.825 shares
Restricted shares scheduled to fully vest on May 20, 2027
Tranche vesting over two years from May 19, 2027
9,040.092 shares
Restricted shares vesting 50% per year over two years beginning May 19, 2027
Option expiration date
May 23, 2026
Expiration date of the Non-Qualified Stock Options grant
Key Terms
Non-Qualified Stock Options (Right to Buy), restricted stock, subject to forfeiture, fully vested, +1 more
5 terms
Non-Qualified Stock Options (Right to Buy) financial
"Non-Qualified Stock Options (Right to Buy) with 28,333.0000 underlying shares"
restricted stock financial
"Includes 10,725.917 shares of restricted stock issued to reporting person subject to forfeiture"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
subject to forfeiture financial
"restricted stock issued to reporting person subject to forfeiture in whole or part"
fully vested financial
"1,685.825 shares become fully vested 5/20/2027"
vested 50% per year financial
"9,040.092 shares become fully vested 50% per year for two years beginning 5/19/2027"
FAQ
What insider activity did CMCO’s CFO report on this Form 4?
The filing shows CFO Gregory P. Rustowicz had 28,333 Non-Qualified Stock Options with a $15.16 exercise price expire on May 23, 2026. No open-market buys or sells were reported, only this option expiration and an updated shareholding line.
What happened to the 28,333 Columbus McKinnon stock options held by the CFO?
A block of 28,333 Non-Qualified Stock Options with a $15.16 exercise price reached its expiration date on May 23, 2026. The Form 4 shows zero options remaining from this grant, indicating the options expired rather than being exercised.
How much restricted stock in CMCO does the CFO currently hold and when does it vest?
The CFO’s holdings include 10,725.917 restricted Columbus McKinnon shares subject to forfeiture. Of these, 1,685.825 shares vest fully on May 20, 2027, and 9,040.092 shares vest 50% per year over two years starting May 19, 2027, if he remains employed.
Did the CMCO CFO buy or sell any common stock in this Form 4 filing?
The Form 4 does not report any open-market purchases or sales of common stock by the CFO. It records an option grant of 28,333 Non-Qualified Stock Options expiring and an updated holding entry for 91,874.7100 common shares, including restricted stock.