Insider acquisition of restricted stock units by a Columbus McKinnon executive. Appal Chintapalli, President of EMEA & APAC, reported on Form 4 that on 08/18/2025 he received 65.5682 additional restricted stock units attributable to dividend reinvestment at no cash price. After the transaction he beneficially owns 37,787.003 shares of CMCO stock, which include 13,703.003 restricted shares subject to forfeiture with staggered vesting dates: 1,702.7285 shares vesting 05/22/2026; 2,215.2636 shares vesting 50% per year for two years beginning 05/20/2026; and 9,785.0109 shares vesting 33.33% per year for three years beginning 05/19/2026. The Form 4 was signed by Mary C. O'Connor as power of attorney on 08/19/2025.
Aziz Aghili, a director of Columbus McKinnon Corporation (CMCO), reported transactions on Form 4 dated 08/18/2025. The filing shows a disposition of 11,993 shares of common stock and multiple acquisitions of deferred stock units that convert to common shares. The deferred units include 4,220.7283, 3,226.4392, 3,553.8779 and 8,553 units, reflecting dividend reinvestment adjustments, and will be delivered on specified future dates or upon cessation of directorship under the company plan.
Columbus McKinnon Corporation reported results from its 2025 annual shareholder meeting held on August 15, 2025. Shareholders elected nine directors, each to serve a one-year term, with every nominee receiving a majority of votes cast.
Investors approved an advisory vote on executive compensation and ratified Ernst & Young LLP as the independent auditor for the fiscal year ending March 31, 2026. They also approved a proposal to remove restrictions related to issuing common stock upon conversion of the company’s Series A preferred shares and on voting those preferred shares for purposes of Nasdaq Listing Rule 5635.
Shareholders voted to amend the restated certificate of incorporation to increase the number of authorized common shares and to permit preemptive rights for CD&R XII Keystone Holdings, L.P. and its affiliated funds. They also approved a proposal allowing adjournment of the meeting if more time for proxy solicitation had been needed.
Columbus McKinnon amended its accounts receivable securitization facility to extend the committed borrowing window and modestly increase capacity. The amendment lengthens the facility maturity to August 11, 2028, raises the base revolving borrowing capacity from $55.0 million to $60.0 million, and adds an uncommitted accordion to expand availability up to $75.0 million. The amendment also removes a prior additional 0.10% spread, so outstanding Revolving Loans now bear interest at 1-month SOFR + 110 basis points. The SPV borrower remains Columbus McKinnon FinCo, LLC, with Wells Fargo as lender and administrative agent.