Equity award and tax withholding for Manitowoc (MTW) VP Ryan M. Palmer

Rhea-AI Filing Summary

MANITOWOC CO INC executive reports equity award and tax withholding transaction. VP, Corporate Controller & POA Ryan M. Palmer acquired 5,099 shares of common stock on February 18, 2026 in a grant/award transaction at a stated price of $0.00 per share, reflecting settlement of performance share units for the performance period ended December 31, 2025. On the same date, 1,902 shares of common stock were disposed of at $14.86 per share to cover applicable tax withholding obligations on the settled performance share units. After these transactions, Palmer directly owned 21,044 shares of common stock, which includes restricted stock units.

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

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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^*

Palmer Ryan M

(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)
	VP, Corporate Controller & POA

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		5,099(2)	A	$0	22,946	D
Common Stock(1)	02/18/2026		F		1,902(3)	D	$14.86	21,044	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

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, by Power of Attorney	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).
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FAQ

What insider transactions did MTW executive Ryan M. Palmer report?

Ryan M. Palmer reported an equity award and related tax withholding. He received 5,099 shares of Manitowoc common stock and had 1,902 shares withheld and disposed of to satisfy tax obligations on settled performance share units.

Was the Manitowoc (MTW) Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows no open-market buy or sell. Shares were acquired via an award of performance share units and disposed of through tax-withholding, where 1,902 shares were withheld to cover taxes rather than sold in the open market.

How many Manitowoc (MTW) shares does Ryan M. Palmer own after these transactions?

After the reported transactions, Ryan M. Palmer directly owns 21,044 shares of Manitowoc common stock. This total includes restricted stock units, as noted in the filing footnotes describing the nature of the common stock holdings.

What is the significance of the 5,099-share award to MTW’s Ryan M. Palmer?

The 5,099-share acquisition represents settlement of performance share units for the performance period ended December 31, 2025. It is recorded as a grant or award, with a stated price of $0.00 per share, typical for equity compensation.

Why were 1,902 Manitowoc (MTW) shares disposed of at $14.86 on the Form 4?

The 1,902 shares disposed of at $14.86 per share represent shares withheld to satisfy applicable tax withholding obligations. This is a tax-withholding disposition related to the settlement of previously granted performance share units, not a discretionary market sale.