Tax-withholding of 2,545 shares by Manitowoc (MTW) EVP James Steele Cook
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MANITOWOC CO INC executive reports tax-related share withholding
EVP of Human Resources James Steele Cook reported a tax-withholding disposition of 2,545 shares of Manitowoc common stock on restricted stock units at a price of $14.75 per share. After this transaction, he directly owns 62,490.68 shares, which include restricted stock units and his most recent deferred compensation plan balance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook James Steele
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,545 | $14.75 | $38K |
Holdings After Transaction:
Common Stock — 62,490.68 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. Includes the most recent deferred compensation plan balance.
FAQ
What insider transaction did MANITOWOC (MTW) report for James Steele Cook?
MANITOWOC reported that EVP of Human Resources James Steele Cook had 2,545 shares of common stock withheld to satisfy tax obligations on previously reported restricted stock units. This is a tax-withholding disposition, not an open-market purchase or sale.
Was the MANITOWOC (MTW) insider Form 4 a tax withholding or a market sale?
The Form 4 shows a tax-withholding disposition, coded “F,” where 2,545 shares were withheld to cover tax obligations on restricted stock units. It does not represent an open-market sale by the executive.
What does transaction code “F” mean in the MANITOWOC (MTW) Form 4 filing?
In this Form 4, transaction code “F” indicates payment of tax liability by delivering or withholding securities. MANITOWOC used this code to show that 2,545 shares were withheld from James Steele Cook’s restricted stock units to satisfy applicable tax withholding obligations.
Does the MANITOWOC (MTW) Form 4 indicate indirect ownership or entities for this insider?
The reported holdings are listed as direct ownership for James Steele Cook. Footnotes explain that the total common stock figure includes restricted stock units and the most recent deferred compensation plan balance, with no separate entity or indirect ownership structure referenced.