Columbus McKinnon (CMCO) awards SVP Adams options and RSUs
Rhea-AI Filing Summary
COLUMBUS MCKINNON CORP (CMCO) reported that senior vice president of Business Integration, Jon Adams, received equity awards in the form of options and restricted stock units. He was granted 14,424 non-qualified stock options with an exercise price of $19.11 per share, exercisable 33.33% per year on 8/17/2027, 5/18/2028 and 5/18/2029 and expiring on 8/17/2036. Adams also acquired 6,505 restricted stock units that vest 33.33% per year on those same dates, plus 21.32 additional RSUs attributable to dividend reinvestment. All awards are subject to forfeiture if he does not remain an employee of the issuer through the stated vesting dates.
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Insider Trade Summary
Net Buyer: 6,526.32 shares
Net Buy
3 txns
Insider
Adams Jon
Role
Sr. VP, Business Integration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options (Right to Buy) F4 | 14,424 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 21.32 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2, F3 | 6,505 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 14,424 shares (Direct);
Common Stock — 14,424.706 shares (Direct)
Footnotes (4)
- F1. Represents additional restricted stock units attributable to dividend reinvestment.
- F2. Represents restricted stock units issued to reporting person under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan as amended and restated effective June 4, 2024, and further amended effective August 14, 2026, subject to forfeiture in whole or part; units become fully and non-forfeitable 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
- F3. Includes 12,343.413 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 685.992 shares become fully vested 1/22/2027; 630.111 become fully vested 5/20/2027, 4,522.310 shares become fully vested 50% per year for two years beginning 5/19/2026 and 6,505 shares become fully vested 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
- F4. Represents non-qualified stock options issued to reporting person under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan as amended and restated effective June 4, 2024, and further amended effective August 14, 2026, subject to forfeiture in whole or part; options become exercisable 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029, if reporting person remains an employee of issuer.
Key Figures
Non-qualified stock options granted: 14,424 options
Option exercise price: $19.11 per share
Option expiration date: 8/17/2036
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6 metrics
Non-qualified stock options granted
14,424 options
Granted to Jon Adams on 2026-08-17 under the 2016 Long Term Incentive Plan
Option exercise price
$19.11 per share
Exercise price for 14,424 non-qualified stock options granted on 2026-08-17
Option expiration date
8/17/2036
Expiration for 14,424 non-qualified stock options granted to Jon Adams
Restricted stock units granted
6,505 RSUs
Restricted stock units granted to Jon Adams on 2026-08-17, vesting over three years
Dividend reinvestment RSUs
21.32 RSUs
Additional restricted stock units attributable to dividend reinvestment
Additional restricted stock in total holdings
12,343.413 shares
Restricted stock included in Adams’s holdings, with various vesting dates through 2029
Key Terms
Non-Qualified Stock Options, restricted stock units, subject to forfeiture, dividend reinvestment
4 terms
Non-Qualified Stock Options financial
"Represents non-qualified stock options issued to reporting person under the Columbus"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
restricted stock units financial
"Represents restricted stock units issued to reporting person under the Columbus"
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.
subject to forfeiture financial
"issued to reporting person under the Columbus McKinnon Corporation 2016 Long Term Incentive Plan ... subject to forfeiture"
dividend reinvestment financial
"Represents additional restricted stock units attributable to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What equity awards did Jon Adams receive from CMCO on 2026-08-17?
On 2026-08-17, Jon Adams received 14,424 non-qualified stock options at a $19.11 exercise price and 6,505 restricted stock units, plus 21.32 RSUs from dividend reinvestment as part of his equity compensation.
What is the vesting schedule for Jon Adams’s new CMCO restricted stock units?
The 6,505 restricted stock units granted to Jon Adams vest 33.33% per year on 8/17/2027, 5/18/2028, and 5/18/2029, provided he remains an employee of Columbus McKinnon Corporation through each vesting date.
When do Jon Adams’s CMCO stock options become exercisable and when do they expire?
Jon Adams’s 14,424 non-qualified stock options become exercisable 33.33% per year on 8/17/2027, 5/18/2028, and 5/18/2029. These options carry an exercise price of $19.11 per share and expire on 8/17/2036.
What is the exercise price of Jon Adams’s CMCO non-qualified stock options?
The exercise price of Jon Adams’s non-qualified stock options is $19.11 per share. He received 14,424 options, which vest in three equal annual installments beginning on 8/17/2027, subject to continued employment.
Are Jon Adams’s new CMCO equity awards subject to forfeiture?
Yes. Both the 6,505 restricted stock units and the 14,424 non-qualified stock options are subject to forfeiture in whole or in part if Jon Adams does not remain an employee through the applicable vesting or exercisability dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
