Manitowoc (NYSE: MTW) EVP has 3,494 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manitowoc Company executive Jennifer L. Peterson, EVP, General Counsel & Secretary, reported an automatic share withholding related to equity compensation. On February 9, 2026, 3,494 shares of common stock were withheld at $14.86 per share to cover tax obligations on previously reported restricted stock units. After this transaction, she beneficially owned 75,040 shares of Manitowoc common stock directly. The filing clarifies that her common stock holdings include restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peterson Jennifer L
Role
EVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 3,494 | $14.86 | $52K |
Holdings After Transaction:
Common stock — 75,040 shares (Direct)
Footnotes (1)
- Common stock includes restricted stock units. Represents the number of shares withheld to satisfy applicable tax withholding obligations on restricted stock units previously reported.
FAQ
What insider transaction did MTW executive Jennifer L. Peterson report?
Jennifer L. Peterson reported an automatic share withholding related to equity awards. On February 9, 2026, 3,494 Manitowoc common shares were withheld at $14.86 per share to satisfy tax obligations on previously reported restricted stock units, rather than an open-market sale.
What does transaction code F mean in the MTW Form 4 filing?
Transaction code F indicates shares were withheld to pay taxes on equity awards. In this case, 3,494 Manitowoc common shares were withheld to satisfy tax withholding obligations tied to previously reported restricted stock units, not a discretionary sale in the open market.
What role does Jennifer L. Peterson hold at Manitowoc (MTW)?
Jennifer L. Peterson serves as Executive Vice President, General Counsel & Secretary at Manitowoc. Her Form 4 filing reflects changes in her beneficial ownership of Manitowoc common stock, including automatic share withholding related to restricted stock unit tax obligations.
Do Peterson’s reported MTW holdings include restricted stock units?
Yes. The filing specifies that her reported common stock holdings include restricted stock units. This means the 75,040 beneficially owned shares represent a combination of regular common shares and equity-based compensation awards tied to Manitowoc stock.