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Tax withholding trims Manitowoc (NYSE: MTW) EVP Middleton’s share stake

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

Rhea-AI Filing Summary

MANITOWOC CO INC executive Leslie L. Middleton reported a tax-related share disposition. On February 27, 2026, 3,837 shares of common stock were withheld at $14.75 per share to satisfy tax withholding obligations on previously reported restricted stock units. After this withholding, Middleton directly owned 160,235 shares of common stock, which the filing notes includes restricted stock units.

This transaction was reported with code F, indicating payment of a tax liability by delivering securities, rather than an open-market sale.

Positive

  • None.

Negative

  • None.
Insider Middleton Leslie L.
Role EVP Americas EU Mobile Cranes
Type Security Shares Price Value
Tax Withholding Common Stock 3,837 $14.75 $57K
holding 03.28.2016OfficerOption -- -- --
holding 02.22.2017OffOpt -- -- --
holding 02.20.18OfficerNQ -- -- --
holding 02.27.2019 Officer Non-Qualified Options -- -- --
Holdings After Transaction: Common Stock — 160,235 shares (Direct); 03.28.2016OfficerOption — 10,025 shares (Direct); 02.22.2017OffOpt — 4,490 shares (Direct); 02.20.18OfficerNQ — 4,809 shares (Direct); 02.27.2019 Officer Non-Qualified Options — 6,953 shares (Direct)
Footnotes (1)
  1. Common stock includes restricted stock units. Represents the number of shares withheld to satisfy applicable tax withholding obligations on restricted stock units previously reported.
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*
Middleton Leslie L.

(Last) (First) (Middle)
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 Americas EU Mobile Cranes
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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) 02/27/2026 F 3,837(2) D $14.75 160,235 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
03.28.2016OfficerOption $17.4 03/28/2017 03/28/2026 Common Stock 10,025 10,025 D
02.22.2017OffOpt $25.68 02/22/2018 02/22/2027 Common Stock 4,490 4,490 D
02.20.18OfficerNQ $32.98 02/20/2019 02/20/2028 Common Stock 4,809 4,809 D
02.27.2019 Officer Non-Qualified Options $18.4 02/27/2020 02/27/2029 Common Stock 6,953 6,953 D
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 03/03/2026
** 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 Leslie L. Middleton?

Leslie L. Middleton reported a tax-related share disposition. On February 27, 2026, 3,837 Manitowoc common shares were withheld to cover tax obligations from previously reported restricted stock units, rather than sold in the open market.

How many Manitowoc (MTW) shares were withheld for Leslie L. Middleton’s taxes?

The filing shows 3,837 Manitowoc common shares were withheld. These shares were used to satisfy applicable tax withholding obligations on earlier restricted stock unit awards instead of Middleton paying the taxes in cash.

At what price were the withheld Manitowoc (MTW) shares valued in Middleton’s Form 4?

The withheld shares were valued at $14.75 per Manitowoc common share. This price is used in the Form 4 to calculate the value of shares applied toward satisfying Middleton’s tax withholding obligations from restricted stock units.

How many Manitowoc (MTW) shares does Leslie L. Middleton hold after this transaction?

After the tax-withholding disposition, Leslie L. Middleton directly held 160,235 Manitowoc common shares. The filing specifies that this common stock figure includes restricted stock units credited to Middleton under the company’s equity plans.

Was Leslie L. Middleton’s Manitowoc (MTW) Form 4 a sale of shares on the market?

The Form 4 reflects a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover taxes owed on previously reported restricted stock units rather than being sold to public investors.

What role does Leslie L. Middleton hold at Manitowoc (MTW) according to the Form 4?

Leslie L. Middleton is listed as an officer of Manitowoc, serving as EVP Americas EU Mobile Cranes. The reported Form 4 transaction relates to equity compensation and associated tax withholding for this senior executive role.