Manitowoc (NYSE: MTW) CEO uses 30,232 shares to cover RSU taxes

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.

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^*

Ravenscroft Aaron H.

(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)
	President & CEO

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		30,232(2)	D	$14.69	718,948.24	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	24,753		24,753	D
02.22.2017OffOpt	$25.68							02/22/2018	02/22/2027	Common Stock	20,205		20,205	D
02.20.2018OfficerNQ	$32.98							02/20/2019	02/20/2028	Common Stock	17,760		17,760	D
02.27.2019 Officer Non-Qualified Options	$18.4							02/27/2020	02/27/2029	Common Stock	22,247		22,247	D
02.26.2020 Officer Non-Qualified Options	$12.37							02/26/2021	02/26/2030	Common Stock	39,063		39,063	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	02/27/2026
	** Signature of Reporting Person	Date
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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.

At what price were the MTW shares used for tax withholding valued?

The 30,232 Manitowoc common shares used for tax withholding were valued at $14.69 per share. This per-share figure is used to calculate the tax obligation on previously granted restricted stock units that vested, according to the Form 4 disclosure and related footnote.

How many Manitowoc (MTW) shares does the CEO hold after this Form 4?

Following the tax-withholding disposition, Aaron H. Ravenscroft directly owned 718,948.24 shares of Manitowoc common stock. This figure includes common stock and restricted stock units as indicated in the footnote, and represents his remaining direct equity stake after the reported transaction.

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.