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MTW (MANITOWOC) EVP granted 23,448 shares; 11,018 withheld for taxes

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

Rhea-AI Filing Summary

MANITOWOC CO INC executive Jennifer L. Peterson, EVP, General Counsel & Secretary, reported equity compensation activity in company stock. She received a grant or award of 23,448 shares of common stock on February 18, 2026 at a stated price of $0.0000 per share, increasing her direct holdings to 98,488 shares.

A separate transaction on the same date shows 11,018 shares of common stock disposed of at $14.86 per share to satisfy tax withholding obligations on settled performance share units for the performance period ended December 31, 2025, leaving 87,470 shares directly owned. The filing also notes outstanding officer non-qualified options granted in 2018 and 2019.

Positive

  • None.

Negative

  • None.
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*
Peterson Jennifer L

(Last) (First) (Middle)
C/O 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, Gen. Counsel & Secretary
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 23,448(2) A $0 98,488 D
Common stock(1) 02/18/2026 F 11,018(3) D $14.86 87,470 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
02.20.2018 Officer Non-Qualified Options $32.98 02/20/2019 02/20/2028 Common Stock 1,721 1,721 D
02.27.2019 Officer Non-Qualified Options $18.4 02/27/2021 02/27/2029 Common Stock 1,752 1,752 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 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.

FAQ

What insider transactions did MTW executive Jennifer L. Peterson report?

Jennifer L. Peterson reported receiving 23,448 shares of MANITOWOC CO INC common stock as a grant or award, and a related disposition of 11,018 shares to cover tax withholding on settled performance share units for a completed performance period.

Was the MTW insider share disposition by Jennifer L. Peterson an open-market sale?

No, the 11,018-share disposition reported by Jennifer L. Peterson reflects shares withheld to satisfy tax withholding obligations on settled performance share units, not an open-market sale. This is indicated by transaction code F and an explanatory footnote in the filing.

How many MTW shares does Jennifer L. Peterson own after these transactions?

After the reported transactions, Jennifer L. Peterson directly owns 87,470 shares of MANITOWOC CO INC common stock. The filing specifies that this common stock figure includes restricted stock units, reflecting both settled awards and remaining equity-based holdings.

What type of equity award did MTW grant to Jennifer L. Peterson?

The filing records a grant or award acquisition of 23,448 shares of MANITOWOC CO INC common stock to Jennifer L. Peterson. A footnote explains that this represents the settlement of performance share units for a performance period ended December 31, 2025, delivered in company stock.

Does the MTW Form 4 mention any outstanding stock options for Jennifer L. Peterson?

Yes, the Form 4 lists officer non-qualified stock options from February 20, 2018 and February 27, 2019. Following the reported activity, 1,721 options remain from the 2018 grant and 1,752 options remain from the 2019 grant, all held directly by Jennifer L. Peterson.

How are restricted stock units reflected in Jennifer L. Peterson’s MTW holdings?

The filing notes that Jennifer L. Peterson’s common stock holdings include restricted stock units. This means the reported common stock total combines standard shares and RSUs that are treated as share equivalents for ownership reporting, providing a fuller picture of her equity exposure.
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