Manitowoc (MTW) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MANITOWOC CO INC EVP & Chief Financial Officer Brian P. Regan reported a tax-related share disposition. On February 25, 2026, 7,180 shares of common stock were withheld at $14.69 per share to satisfy tax withholding obligations on previously reported restricted stock units, rather than sold in the open market.
After this transaction, Regan directly held 161,244 shares of common stock, which the footnotes state include restricted stock units. He also held 4,172 non-qualified stock options from a February 27, 2019 officer grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Regan Brian P
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,180 | $14.69 | $105K |
| holding | 02.27.2019 Officer Non-Qualified Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 161,244 shares (Direct);
02.27.2019 Officer Non-Qualified Options — 4,172 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 Manitowoc (MTW) report for Brian P. Regan?
Manitowoc reported that EVP & CFO Brian P. Regan had 7,180 common shares withheld on February 25, 2026 to cover tax obligations on previously reported restricted stock units, rather than executing an open-market sale.
Was the Manitowoc (MTW) CFO’s Form 4 transaction an open-market stock sale?
No. The Form 4 shows a tax-withholding disposition. Shares were withheld by the company to satisfy applicable tax withholding obligations on restricted stock units, according to the footnotes, not sold on the open market.