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Manitowoc (MTW) EVP reports stock grant and tax withholding share disposal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MANITOWOC CO INC executive Leslie L. Middleton reported equity compensation-related transactions in company stock. On February 18, 2026, Middleton acquired 30,585 shares of Common Stock at $0.00 per share as a grant/award acquisition, reflecting settlement of performance share units for the performance period ended December 31, 2025.

On the same date, 13,550 shares of Common Stock at $14.86 per share were disposed of to satisfy tax withholding obligations on the settled performance share units. After these transactions, Middleton directly owned 169,771 shares of Common Stock, which includes restricted stock units, along with several outstanding officer option holdings.

Positive

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Negative

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Insider Middleton Leslie L.
Role EVP Americas EU Mobile Cranes
Type Security Shares Price Value
Grant/Award Common Stock 30,585 $0.00 --
Tax Withholding Common Stock 13,550 $14.86 $201K
holding 03.28.2016OfficerOption -- -- --
holding 02.22.2017OffOpt -- -- --
holding 02.20.18OfficerNQ -- -- --
holding 02.27.2019 Officer Non-Qualified Options -- -- --
Holdings After Transaction: Common Stock — 183,321 shares (Direct); 03.28.2016OfficerOption — 10,025 shares (Direct); 02.22.2017OffOpt — 4,490 shares (Direct); 02.20.18OfficerNQ — 4,809 shares (Direct); 02.27.2019 Officer Non-Qualified Options — 6,953 shares (Direct)
Footnotes (1)
  1. Common stock includes restricted stock units. Represents the settlement of performance share units for the performance period ended December 31, 2025. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled performance share units.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Middleton Leslie L.
(Last) (First) (Middle)
THE MANITOWOC COMPANY, INC.
ONE PARK PLAZA, 11270 W PARK PL STE 1000
(Street)
MILWAUKEE WI 53224
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MANITOWOC CO INC [ MTW ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Americas EU Mobile Cranes
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 02/18/2026 A 30,585(2) A $0 183,321 D
Common Stock(1) 02/18/2026 F 13,550(3) D $14.86 169,771 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
03.28.2016OfficerOption $17.4 03/28/2017 03/28/2026 Common Stock 10,025 10,025 D
02.22.2017OffOpt $25.68 02/22/2018 02/22/2027 Common Stock 4,490 4,490 D
02.20.18OfficerNQ $32.98 02/20/2019 02/20/2028 Common Stock 4,809 4,809 D
02.27.2019 Officer Non-Qualified Options $18.4 02/27/2020 02/27/2029 Common Stock 6,953 6,953 D
Explanation of Responses:
1. Common stock includes restricted stock units.
2. Represents the settlement of performance share units for the performance period ended December 31, 2025.
3. Represents the number of shares withheld to satisfy applicable tax withholding obligations on settled performance share units.
/s/ Jennifer L. Peterson, by Power of Attorney 02/20/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did MTW executive Leslie L. Middleton report?

Leslie L. Middleton reported a grant of 30,585 shares of MANITOWOC CO INC Common Stock and a related disposition of 13,550 shares for tax withholding, both dated February 18, 2026, tied to performance share unit settlement.

Was the MTW insider transaction a market purchase or sale of shares?

The Form 4 shows no open-market buy or sell. Shares were acquired through an equity award tied to performance share units and shares were disposed of only to cover tax withholding obligations, not as a discretionary market sale.

How many MANITOWOC CO INC shares does Leslie L. Middleton own after the Form 4 transactions?

After the reported transactions, Leslie L. Middleton directly owned 169,771 shares of MANITOWOC CO INC Common Stock. This figure includes restricted stock units, according to the filing’s footnote disclosure.

What is the nature of the 30,585 MTW shares acquired by Leslie L. Middleton?

The 30,585 shares were acquired at $0.00 per share as a grant or award. The filing explains they represent settlement of performance share units for a performance period ending December 31, 2025.

Why were 13,550 MTW shares disposed of in Leslie L. Middleton’s Form 4?

The 13,550 shares of Common Stock were withheld at $14.86 per share to satisfy applicable tax withholding obligations arising from the settlement of performance share units, rather than being sold in the open market.

What additional MTW equity holdings are reported for Leslie L. Middleton?

The Form 4 lists several officer option holdings for Leslie L. Middleton, including series dated March 28, 2016, February 22, 2017, February 20, 2018, and February 27, 2019, with respective remaining option share amounts reported after the transactions.