CMCO counsel’s options expire; holdings updated
Columbus McKinnon senior vice president, general counsel and secretary Alan S. Korman reported an update to his equity holdings.
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Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon senior vice president, general counsel and secretary Alan S. Korman reported an update to his equity holdings. Following these entries, he directly holds 49,413.198 shares of common stock, including 7,838.119 restricted shares subject to future vesting. A grant of 16,140 non-qualified stock options with a $15.16 exercise price reached its expiration date on May 23, 2026, leaving no options from this grant outstanding.
Insider Trade Summary
Derivative Expiration: 16,140 shares
Derivative Expiration
2 txns
Insider
Korman Alan S
Role
Sr VP, Gen'l Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Derivative Expiration | Non-Qualified Stock Options (Right to Buy) | 16,140 | $15.16 | $245K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 49,413.198 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Options expired on May 23, 2026.
Key Figures
Common shares held: 49,413.198 shares
Restricted stock included: 7,838.119 shares
Restricted stock vesting 2027-05-20: 1,199.015 shares
+3 more
6 metrics
Common shares held
49,413.198 shares
Direct common stock position after reported transactions
Restricted stock included
7,838.119 shares
Restricted shares subject to forfeiture held by reporting person
Restricted stock vesting 2027-05-20
1,199.015 shares
Portion of restricted stock that becomes fully vested on May 20, 2027
Restricted stock vesting schedule
6,639.104 shares
Vests 50% per year for two years beginning May 19, 2027, if employed
Expired stock options
16,140 options
Non-qualified stock options that expired on May 23, 2026
Option exercise price
$15.16 per share
Exercise price of the expired non-qualified stock option grant
Key Terms
restricted stock, Non-Qualified Stock Options (Right to Buy), subject to forfeiture, fully vested, +1 more
5 terms
restricted stock financial
"Includes 7,838.119 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.
Non-Qualified Stock Options (Right to Buy) financial
"Security title: Non-Qualified Stock Options (Right to Buy)"
subject to forfeiture financial
"restricted stock issued to reporting person subject to forfeiture in whole or part"
fully vested financial
"1,199.015 shares become fully vested 5/20/2027, and 6,639.104 shares become fully vested 50% per year"
expiration date financial
"Options expired on May 23, 2026."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alan S. Korman report in his latest CMCO Form 4 filing?
He reported an update to his Columbus McKinnon equity holdings. The Form 4 shows his direct common stock position and the expiration of a non-qualified stock option grant, without any reported open-market purchases or sales of CMCO shares.
What restricted stock awards are included in Alan S. Korman’s CMCO holdings?
His holdings include 7,838.119 shares of restricted stock subject to forfeiture. Of these, 1,199.015 shares become fully vested on May 20, 2027, and 6,639.104 shares vest 50% per year for two years beginning May 19, 2027, contingent on continued employment.
What happened to Alan S. Korman’s CMCO non-qualified stock options dated May 23, 2017?
A grant of 16,140 non-qualified stock options with a $15.16 exercise price expired on May 23, 2026. Following this expiration, the Form 4 shows zero options remaining from this grant, indicating the award is no longer outstanding.
Does this CMCO Form 4 show any open-market stock purchases or sales by Alan S. Korman?
No, the Form 4 does not report any open-market purchases or sales of Columbus McKinnon shares. It records a holding entry for his common stock and the expiration of a non-qualified stock option grant, which is an administrative equity update.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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