COLUMBUS MCKINNON CORP President & CEO David J. Wilson reported an acquisition of 310.3383 shares of common stock on a grant/award basis, recorded at $0.0000 per share. A footnote explains this represents additional restricted stock units attributable to dividend reinvestment.
After this award, Wilson directly holds 198,663.4555 shares of common stock, including 84,550.4555 shares of restricted stock that are subject to forfeiture and vest over several schedules beginning on May 19, 2026, May 20, 2026, and May 22, 2026. He also has indirect ownership of 31,300 shares held by a trust.
Columbus McKinnon Corporation’s major holder CD&R XII Keystone Holdings, L.P. has filed a Form 3 as a 10% owner, disclosing a sizable preferred equity position. The filing shows ownership of Series A Cumulative Convertible Participating Preferred Stock that is convertible into 21,231,422 common shares at an initial conversion price of $37.68 per share.
The Series A preferred shares pay a 7.0% annual dividend, which can be paid in cash or added to the preferred base amount, and may step up to 10.0% upon certain triggering events. Columbus McKinnon may require conversion of all outstanding Series A preferred into common stock if the common share price exceeds 200% of the conversion price for 20 out of 30 consecutive trading days. Related CD&R entities are listed as potential beneficial owners through general partner relationships, while expressly disclaiming beneficial ownership except for their pecuniary interests.
Columbus McKinnon Corporation director reports no share ownership. Andrew Campelli filed an initial ownership statement as a director of Columbus McKinnon Corporation, indicating that he does not beneficially own any non-derivative or derivative securities of the company as of the reported event date.
Columbus McKinnon Corp director Michael W. Lamach has reported his initial beneficial ownership in the company’s common stock. The Form 3 shows indirect holdings of 255 shares and 15 shares in a grantor retained annuity trust, and 20 shares in a revocable trust, where he serves as sole trustee and beneficiary.
Columbus McKinnon officer Jon Adams, President, Americas, reported an open-market sale of company common stock. On 02/11/2026, he sold 5,185 shares at $23.28 per share.
After this transaction, Adams beneficially owned 9,366.3944 shares, all noted as restricted stock subject to possible forfeiture, with portions scheduled to vest between May 2026 and May 2027 if he remains an employee.
Columbus McKinnon Corp director reports no share ownership
Columbus McKinnon Corp director Nathan K. Sleeper filed an initial ownership report stating that no securities of the company are beneficially owned. The filing confirms his role as a director and that, as of the event date, he reports no direct or indirect holdings.
A holder of CMCO common stock filed a Rule 144 notice to sell 5,185 shares, with an aggregate market value of 120,727.54. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on or about 02/11/2026 on the NASDAQ market, where 28,739,366 shares of this class are outstanding.
The shares to be sold were acquired as restricted stock directly from the issuer on multiple grant dates between 08/22/2023 and 01/22/2026. By signing the notice, the selling holder represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
Columbus McKinnon reported higher results for the quarter ended December 31, 2025 and detailed major strategic moves. Net sales were $258.7M, up from $234.1M, with net income of $6.0M versus $4.0M and diluted EPS of $0.21. For the nine months, net sales reached $755.6M and net income was $8.7M, compared with a prior-year loss.
Operating cash flow improved to $20.6M for the nine months, while cash and cash equivalents declined to $35.5M. Term loan and securitization debt totaled $441.3M, and shareholders’ equity rose to $922.9M. The company announced it completed the $2.7B all-cash acquisition of Kito Crosby, a lifting solutions leader that generated about $1.1B in 2024 revenue.
The deal was financed with $900M of 7.125% senior secured notes due 2033, $800M of 7% cumulative convertible preferred shares, a new $1.65B term loan and a $500M revolver, including a $75M draw. The company also agreed to divest its U.S. power chain hoist and chain manufacturing operations, with related assets of about $46.4M and liabilities of $10.7M, and recorded a $0.9M gain on selling two closed facilities.
Columbus McKinnon reported strong Q3 FY26 results with net sales of $258.7 million, up 10.5% from a year earlier, driven by higher volume, pricing and favorable currency. Net income rose to $6.0 million, or $0.21 per diluted share, a roughly 50% increase.
Adjusted results were also solid: Adjusted Net Income was $17.8 million and Adjusted EPS $0.62, both up high single to low double digits, while Adjusted EBITDA was $39.8 million with a 15.4% margin. Orders grew 11% to $247.4 million and backlog increased 15% to $341.6 million, showing healthy demand despite softer macro conditions in EMEA.
The company closed its acquisition of Kito Crosby and plans to prioritize debt reduction, targeting a Net Leverage Ratio below 4.0x by the end of fiscal 2028. Due to the acquisition and a pending divestiture of its U.S. power chain hoist and chain operations, Columbus McKinnon withdrew its standalone FY26 guidance and expects transaction-related costs and higher interest expense to dilute GAAP EPS in Q4.
CD&R XII Keystone Holdings and affiliates report a large stake in Columbus McKinnon, disclosing beneficial ownership of 21,231,422 common shares on an as-converted basis, representing about 42.5% of the company’s voting power. This ownership comes through 800,000 Series A convertible preferred shares purchased for $800,000,000.
The preferred stock, issued to help finance Columbus McKinnon’s approximately $2.7 billion Kito Crosby acquisition, carries a 7.0% annual dividend rate that can increase to 10.0% after certain triggering events and ranks senior to common shares in liquidation. CD&R obtained board representation and extensive governance, preemptive and registration rights, while being subject to standstill and transfer restrictions and a “Conversion and Vote Limitation” capping voting power at 45%.