Manitowoc (MTW) director Myers receives 11,136-share equity grant, holds 100,322
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Myers Charles David reported acquisition or exercise transactions in this Form 4 filing.
MANITOWOC CO INC director Charles David Myers received an award of 11,136 shares of Common Stock on May 5, 2026 at no purchase price, classified as a grant or award. Following this award, he directly holds 100,322 shares, and the common stock holdings include restricted stock units that vest 100% on May 5, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Myers Charles David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,136 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 100,322 shares (Direct, null)
Footnotes (1)
- Common stock includes restricted stock units. The restricted stock units will vest 100% on May 5, 2027.
Key Figures
Equity award: 11,136 shares
Award price: $0.0000 per share
Post-transaction holdings: 100,322 shares
+1 more
4 metrics
Equity award
11,136 shares
Grant of Common Stock on May 5, 2026
Award price
$0.0000 per share
Transaction price for granted shares
Post-transaction holdings
100,322 shares
Total Common Stock directly held after grant
RSU vesting date
May 5, 2027
Restricted stock units vest 100% on this date
Key Terms
restricted stock units, vest, grant, award, or other acquisition, Common Stock
4 terms
restricted stock units financial
"Common stock includes restricted stock units."
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.
vest financial
"The restricted stock units will vest 100% on May 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did MANITOWOC (MTW) director Charles David Myers report?
Director Charles David Myers reported receiving an award of 11,136 shares of MANITOWOC Common Stock on May 5, 2026. The Form 4 classifies this as a grant or award acquisition with no cash paid per share, reflecting equity-based compensation rather than an open-market purchase.
What are the terms of the restricted stock units reported for MANITOWOC (MTW)?
The filing states that common stock holdings include restricted stock units that will vest 100% on May 5, 2027. This means the entire restricted stock unit award becomes fully vested on that date, subject to any applicable company conditions mentioned outside this excerpt.
Is the MANITOWOC (MTW) insider transaction a buy or a grant?
The MANITOWOC transaction is a grant, not an open-market buy. The Form 4 uses transaction code “A” and labels it a grant, award, or other acquisition, reflecting equity compensation granted to director Charles David Myers instead of shares bought on the stock market.