Director at Manitowoc (NYSE: MTW) granted 11,136 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wood Randy A reported acquisition or exercise transactions in this Form 4 filing.
MANITOWOC CO INC director Randy A. Wood reported receiving a grant of 11,136 shares of common stock on May 5, 2026. The award is in the form of restricted stock units, which will vest 100% on May 5, 2027. After this grant, he directly holds 11,136 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wood Randy A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,136 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,136 shares (Direct, null)
Footnotes (1)
- Common stock includes restricted stock units. The restricted stock units will vest 100% on May 5, 2027.
Key Figures
RSU grant size: 11,136 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 11,136 shares
+1 more
4 metrics
RSU grant size
11,136 shares
Restricted stock units granted on May 5, 2026
Grant price per share
$0.0000 per share
Compensation award, not open-market purchase
Post-grant holdings
11,136 shares
Total common stock held directly after transaction
Vesting date
May 5, 2027
Restricted stock units vest 100% on this date
Key Terms
restricted stock units, vest 100%, Form 4
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.
vest 100% financial
"The restricted stock units will vest 100% on May 5, 2027."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Manitowoc (MTW) director Randy A. Wood report?
Randy A. Wood reported receiving a grant of 11,136 shares of Manitowoc common stock. The shares were issued as restricted stock units at no cash cost and represent his current direct holdings following the award, according to the Form 4 filing details.
Was the Manitowoc (MTW) transaction a purchase or a compensation grant?
The Manitowoc transaction was a compensation-related grant, not an open-market purchase. The Form 4 shows code "A" for a grant or award acquisition, with 11,136 restricted stock units issued at a price of $0.0000 per share to director Randy A. Wood.
When do Randy A. Wood’s Manitowoc (MTW) restricted stock units vest?
The restricted stock units reported in the Manitowoc Form 4 will vest 100% on May 5, 2027. Until that date, the award remains subject to vesting conditions, after which the units convert into common shares if the conditions are satisfied.
What does Form 4 code "A" mean in the Manitowoc (MTW) filing?
In the Manitowoc Form 4, transaction code "A" indicates a grant, award, or other acquisition. Here, it reflects a compensation grant of 11,136 restricted stock units to director Randy A. Wood, rather than an open-market buy or sell transaction.