Manitowoc (NYSE: MTW) EVP receives 23,011-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manitowoc Co. Inc. executive Jennifer L. Peterson received an equity grant of 23,011 shares of common stock on May 5, 2026, as a compensation award. The shares were granted at no cash cost per share and increased her direct holdings to 102,893 common shares, which include restricted stock units.
She also holds non-qualified stock options covering 1,752 underlying common shares at an exercise price of $18.40 per share expiring on February 27, 2029, and options covering 1,721 underlying shares at an exercise price of $32.98 per share expiring on February 20, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Peterson Jennifer L
Role
EVP, CL & Ppl. Ofc., & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 23,011 | $0.00 | -- |
| holding | 02.20.2018 Officer Non-Qualified Options | -- | -- | -- |
| holding | 02.27.2019 Officer Non-Qualified Options | -- | -- | -- |
Holdings After Transaction:
Common stock — 102,893 shares (Direct, null);
02.20.2018 Officer Non-Qualified Options — 1,721 shares (Direct, null);
02.27.2019 Officer Non-Qualified Options — 1,752 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity grant: 23,011 shares
Post-grant holdings: 102,893 shares
Grant price: $0.00 per share
+4 more
7 metrics
Equity grant
23,011 shares
Common stock award on May 5, 2026
Post-grant holdings
102,893 shares
Common stock, including restricted stock units, after award
Grant price
$0.00 per share
Reported price for 23,011-share common stock grant
Option strike price
$18.40 per share
02.27.2019 Officer Non-Qualified Options, 1,752 underlying shares
Option strike price
$32.98 per share
02.20.2018 Officer Non-Qualified Options, 1,721 underlying shares
Option expiration
February 27, 2029
Expiration date for options on 1,752 underlying shares at $18.40
Option expiration
February 20, 2028
Expiration date for options on 1,721 underlying shares at $32.98
Key Terms
restricted stock units, Non-Qualified Options, grant, award, or other acquisition
3 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.
Non-Qualified Options financial
"02.27.2019 Officer Non-Qualified Options"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did MANITOWOC CO INC (MTW) disclose about Jennifer L. Peterson in this Form 4?
MANITOWOC CO INC reported that executive Jennifer L. Peterson received a grant of 23,011 shares of common stock. This award raised her direct holdings to 102,893 shares, which the filing notes include restricted stock units as part of her equity compensation.
What type of equity award did MANITOWOC (MTW) grant to Jennifer L. Peterson?
Jennifer L. Peterson received a grant of 23,011 shares of Manitowoc common stock as a compensation award. The grant carried a reported price of $0.00 per share, which is typical for stock or restricted stock unit awards provided as part of executive compensation.
Does the MANITOWOC (MTW) Form 4 show any stock sales by Jennifer L. Peterson?
The Form 4 shows an acquisition via a 23,011-share grant but no reported stock sales by Jennifer L. Peterson. The only non-derivative transaction is the grant, while other entries describe existing option holdings without new exercises or dispositions.