Manitowoc (MTW) director Anne Belec receives 11,136 restricted stock units
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,136 | $0.00 | $0.00 |
Footnotes (2)
- F1. Common stock includes restricted stock units.
- F2. The restricted stock units will vest 100% on May 5, 2027.
Key Figures
Key Terms
restricted stock units financial
vest financial
grant, award, or other acquisition financial
Common Stock financial
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