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Manitowoc (MTW) VP reports Form 4 tax-withholding share disposal

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

Rhea-AI Filing Summary

MANITOWOC CO INC vice president and corporate controller Ryan M. Palmer reported a Form 4 transaction involving company common stock. On this date, 703 shares were disposed of in a tax-withholding transaction related to previously reported restricted stock units, rather than an open-market sale. Following this withholding, Palmer directly holds 20,341 shares of common stock, and this amount includes restricted stock units.

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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*
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)
02/25/2026
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) 02/25/2026 F 703(2) D $14.69 20,341 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 number of shares withheld to satisfy applicable tax withholding obligations on restricted stock units previously reported.
/s/ Jennifer L. Peterson, by Power of Attorney 02/27/2026
** 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 transaction did MANITOWOC (MTW) report for Ryan M. Palmer?

MANITOWOC reported that Ryan M. Palmer disposed of 703 shares of common stock in a tax-withholding transaction related to restricted stock units. This was a share withholding to cover tax obligations, not an open-market buy or sell order.

Was the MANITOWOC (MTW) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 703 shares were withheld to satisfy tax obligations on previously reported restricted stock units, which is recorded under code F as a tax-withholding disposition on the Form 4.

How many MANITOWOC (MTW) shares does Ryan M. Palmer hold after this filing?

After the tax-withholding disposition, Ryan M. Palmer directly holds 20,341 shares of MANITOWOC common stock. This reported balance includes restricted stock units, as disclosed in the Form 4 footnotes attached to the filing.

What does transaction code F mean in the MANITOWOC (MTW) Form 4 filing?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 703 MANITOWOC shares were withheld to satisfy applicable tax withholding obligations on previously reported restricted stock units, rather than being sold on the open market.

What role does Ryan M. Palmer hold at MANITOWOC (MTW) in this Form 4?

In the Form 4, Ryan M. Palmer is listed as an officer of MANITOWOC with the title "VP, Corporate Controller & POA." The reported transaction reflects activity in his directly held common stock and related restricted stock units.
Manitowoc Co

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