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Manitowoc (MTW) director Anne Belec receives 11,136 restricted stock units

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

Rhea-AI Filing Summary

BELEC ANNE E reported acquisition or exercise transactions in this Form 4 filing.

MANITOWOC CO INC director Anne E. Belec received a grant of 11,136 shares of common stock in the form of restricted stock units. The award carried a zero dollar price per share, reflecting compensation rather than a market purchase, and increased her direct holdings to 78,332.226 shares.

The footnotes explain that the common stock figure includes restricted stock units, which will vest 100% on May 5, 2027. Until vesting, these units typically remain subject to service or other conditions, meaning the director’s ability to fully realize the value depends on meeting those requirements.

Positive

  • None.

Negative

  • None.

Insights

Director received a routine equity grant that increases her share-based stake.

Director Anne E. Belec was granted 11,136 restricted stock units of MANITOWOC CO INC common stock at $0.00 per share, classified as a “grant, award, or other acquisition.” This is a non-cash compensation event rather than an open-market transaction.

The award vests 100% on May 5, 2027, so its value depends on her continued service or other conditions through that date. Following the grant, she holds 78,332.226 shares directly, indicating the transaction is modest relative to her overall equity exposure and appears as routine board compensation.

Insider BELEC ANNE E
Role null
Type Security Shares Price Value
Grant/Award Common Stock 11,136 $0.00 --
Holdings After Transaction: Common Stock — 78,332.226 shares (Direct, null)
Footnotes (1)
  1. Common stock includes restricted stock units. The restricted stock units will vest 100% on May 5, 2027.
RSUs granted 11,136 shares Restricted stock units granted to director on May 5, 2026
Grant price $0.00 per share Price for RSU award, indicating compensation grant
Total holdings after grant 78,332.226 shares Director’s direct Manitowoc holdings following transaction
Vesting date May 5, 2027 RSUs vest 100% on this date
restricted stock units financial
"Common stock includes restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"The restricted stock units will vest 100% on May 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
BELEC ANNE E

(Last)(First)(Middle)
C/O THE MANITOWOC COMPANY, INC.
11270 W. PARK PLACE, SUITE 1000

(Street)
MILWAUKEE WISCONSIN 53224

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MANITOWOC CO INC [ MTW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)05/05/2026A11,136(2)A$078,332.226D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Common stock includes restricted stock units.
2. The restricted stock units will vest 100% on May 5, 2027.
/s/ Jennifer L. Peterson, by Power of Attorney05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Manitowoc (MTW) director Anne Belec report in this Form 4?

Anne E. Belec reported receiving 11,136 restricted stock units of Manitowoc common stock as a grant. The award increased her direct holdings to 78,332.226 shares, reflecting equity-based compensation rather than an open-market stock purchase or sale.

How many Manitowoc (MTW) shares did Anne Belec acquire in this transaction?

Anne Belec acquired 11,136 shares in the form of restricted stock units of Manitowoc common stock. These units are treated as an equity award and bring her total direct holdings to 78,332.226 shares after the transaction reported in the Form 4.

At what price were Anne Belec’s Manitowoc (MTW) restricted stock units granted?

The 11,136 restricted stock units were granted at a price of $0.00 per share. This indicates a compensation grant, not a market purchase, and the economic value to Belec depends on future vesting and the Manitowoc share price at that time.

When do Anne Belec’s Manitowoc (MTW) restricted stock units vest?

The restricted stock units granted to Anne Belec will vest 100% on May 5, 2027. Vesting means the award becomes fully earned at that date, assuming any service or other vesting conditions described in the grant are satisfied by the director.

How many Manitowoc (MTW) shares does Anne Belec hold after this Form 4 transaction?

After the reported grant, Anne Belec directly holds 78,332.226 shares of Manitowoc common stock. This total includes the newly granted restricted stock units, as noted in the footnotes accompanying the Form 4 insider trading report filed with the SEC.

Was Anne Belec’s Manitowoc (MTW) Form 4 a stock purchase or compensation award?

The Form 4 reflects a compensation award, not a stock purchase. Anne Belec received 11,136 restricted stock units at $0.00 per share as a “grant, award, or other acquisition,” a common form of equity-based compensation for company directors.