Columbus McKinnon (CMCO) exec Jon Adams withholds shares to cover taxes
Rhea-AI Filing Summary
Columbus McKinnon executive Jon Adams, President, Americas, reported an automatic share withholding related to vesting equity awards. On January 22, 2026, 253.0366 shares of common stock were disposed of at $21.28 per share under transaction code F, which indicates shares withheld or sold to cover tax obligations. After this transaction, Adams beneficially owned 14,551.3944 shares of Columbus McKinnon common stock in direct form.
The filing notes that 679.0366 restricted stock units became fully vested on January 22, 2026, with 253 shares traded and 0.0366 converted to cash to satisfy tax withholding. It also describes additional restricted stock awards that remain subject to forfeiture and will vest in tranches between May 2026 and January 2027, provided Adams continues as an employee.
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FAQ
What insider transaction did CMCO executive Jon Adams report on January 22, 2026?
Jon Adams, President, Americas of Columbus McKinnon (CMCO), reported an automatic disposition of 253.0366 shares of common stock on January 22, 2026 under code F, meaning shares were withheld or sold to cover tax withholding tied to vesting equity awards.
At what price were Jon Adams' CMCO shares disposed of in this Form 4 filing?
The 253.0366 CMCO common shares reported as disposed of on January 22, 2026 were priced at $21.28 per share in the Form 4.
How many CMCO shares does Jon Adams own after this reported transaction?
Following the January 22, 2026 tax-withholding transaction, Jon Adams beneficially owned 14,551.3944 shares of Columbus McKinnon common stock, held directly.
What vesting event triggered the tax withholding in Jon Adams' CMCO Form 4?
The footnotes state that 679.0366 restricted stock units became fully vested on January 22, 2026. Of these, 253 shares were traded and 0.0366 were converted to cash to satisfy tax withholding obligations.
Does Jon Adams have additional unvested CMCO restricted stock reported in this Form 4?
Yes. The filing notes that his holdings include 9,366.3944 shares of restricted stock subject to forfeiture, with tranches scheduled to vest on May 22, 2026, January 22, 2027, and in installments starting May 20, 2026 and May 19, 2026, contingent on continued employment.
What is Jon Adams' role at Columbus McKinnon as disclosed in the Form 4?
The Form 4 identifies Jon Adams as an officer of Columbus McKinnon, serving as President, Americas, and not as a director or 10% owner.