Manitowoc (NYSE: MTW) CEO uses 30,232 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MANITOWOC CO INC President & CEO Aaron H. Ravenscroft reported a tax-related share disposition. On February 25, 2026, he disposed of 30,232 shares of common stock at $14.69 per share to satisfy tax withholding obligations on previously reported restricted stock units. After this transaction, his directly held common stock position was 718,948.24 shares, and he continued to hold multiple tranches of outstanding stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ravenscroft Aaron H.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 30,232 | $14.69 | $444K |
| holding | 03.28.2016OfficerOption | -- | -- | -- |
| holding | 02.22.2017OffOpt | -- | -- | -- |
| holding | 02.20.2018OfficerNQ | -- | -- | -- |
| holding | 02.27.2019 Officer Non-Qualified Options | -- | -- | -- |
| holding | 02.26.2020 Officer Non-Qualified Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 718,948.24 shares (Direct);
03.28.2016OfficerOption — 24,753 shares (Direct);
02.22.2017OffOpt — 20,205 shares (Direct);
02.20.2018OfficerNQ — 17,760 shares (Direct);
02.27.2019 Officer Non-Qualified Options — 22,247 shares (Direct);
02.26.2020 Officer Non-Qualified Options — 39,063 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did MTW CEO Aaron Ravenscroft report?
Aaron H. Ravenscroft reported a tax-withholding disposition of 30,232 Manitowoc common shares. The shares were withheld to cover applicable taxes on previously reported restricted stock units, rather than sold in an open-market transaction, reflecting routine equity compensation administration.
Was the MTW CEO’s Form 4 transaction an open-market sale?
No, the Form 4 indicates a tax-withholding disposition, not an open-market sale. The company withheld 30,232 shares to satisfy tax obligations on restricted stock units that had been previously reported, which is a common mechanism for handling equity award-related tax liabilities.
What role does Aaron H. Ravenscroft hold at Manitowoc (MTW)?
Aaron H. Ravenscroft is reported as President & CEO of Manitowoc. His Form 4 filing reflects equity compensation activity related to his executive role, including common stock and multiple tranches of officer stock options that remain outstanding following the tax-withholding disposition.
What other equity awards are listed for the MTW CEO in this Form 4?
The Form 4 lists several officer non-qualified stock option holdings for grant dates in 2016, 2017, 2018, 2019, and 2020. Each option award shows the number of options outstanding after the reported date, indicating ongoing long-term incentive alignment through equity-based compensation.