Columbus McKinnon (NASDAQ: CMCO) counsel uses 1,630 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COLUMBUS MCKINNON CORP senior vice president and general counsel Alan S. Korman reported routine tax-related share dispositions tied to restricted stock unit vesting. On May 19, 2026, 1,197 shares of common stock at $13.59 per share were delivered to cover tax withholding when 3,320.06 restricted stock units became fully vested. On May 20, 2026, 433 shares at $14.09 per share were similarly delivered to satisfy tax obligations on 1,199.015 newly vested restricted stock units. After these transactions, Korman directly owned about 49,965.198 shares of common stock, along with additional unvested restricted stock awards scheduled to vest over future dates if he remains an employee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Korman Alan S
Role
Sr VP, Gen'l Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 433 | $14.09 | $6K |
| Tax Withholding | Common Stock | 1,197 | $13.59 | $16K |
Holdings After Transaction:
Common Stock — 49,965.198 shares (Direct, null)
Footnotes (1)
- 3,320.06 restricted stock units became fully vested on 5/19/2026, of which 1,197 shares were traded to satisfy tax withholding obligations. 1,199.015 restricted stock units became fully vested on 5/20/2026, of which 433 shares were traded to satisfy tax withholding obligations. Includes 9,778.123 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,940.004 shares become fully vested 5/22/2026; 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.
Key Figures
Tax-withholding shares: 1,630 shares
Post-transaction holdings: 49,965.198 shares
First withholding block: 1,197 shares at $13.59
+4 more
7 metrics
Tax-withholding shares
1,630 shares
Total shares delivered for tax withholding across two May 2026 transactions
Post-transaction holdings
49,965.198 shares
Common stock directly owned after May 20, 2026 disposition
First withholding block
1,197 shares at $13.59
Shares delivered on May 19, 2026 to cover tax on vesting
Second withholding block
433 shares at $14.09
Shares delivered on May 20, 2026 to cover tax on vesting
RSUs vested May 19, 2026
3,320.06 units
Restricted stock units that became fully vested on May 19, 2026
RSUs vested May 20, 2026
1,199.015 units
Restricted stock units that became fully vested on May 20, 2026
Unvested restricted stock
9,778.123 shares
Restricted stock subject to forfeiture, vesting through 2027 if employed
Key Terms
restricted stock units, tax withholding obligations, subject to forfeiture, fully vested, +1 more
5 terms
restricted stock units financial
"3,320.06 restricted stock units became fully vested on 5/19/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"1,197 shares were traded to satisfy tax withholding obligations"
subject to forfeiture financial
"Includes 9,778.123 shares of restricted stock issued ... subject to forfeiture in whole or part"
fully vested financial
"1,199.015 shares become fully vested 5/20/2027"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did CMCO executive Alan S. Korman report in this Form 4?
Alan S. Korman reported share dispositions used to pay taxes on vested restricted stock units. A total of 1,630 common shares were delivered to cover withholding obligations tied to vesting events on May 19 and May 20, 2026.
What restricted stock units vested for CMCO’s Alan S. Korman?
On May 19, 2026, 3,320.06 restricted stock units became fully vested for Alan S. Korman. On May 20, 2026, an additional 1,199.015 restricted stock units vested, with portions of each vesting used to satisfy tax withholding obligations.
Does Alan S. Korman have additional unvested CMCO restricted stock?
Yes, the footnotes show 9,778.123 shares of restricted stock remain subject to forfeiture. Portions are scheduled to vest in 2026 and 2027, and others vest 50% per year over two years beginning May 19, 2027, contingent on continued employment.