Manitowoc (NYSE: MTW) CEO shares withheld to cover RSU taxes

Rhea-AI Filing Summary

MANITOWOC CO INC President & CEO Aaron H. Ravenscroft reported a Form 4 transaction involving company stock. On February 27, 2026, 20,352 shares of common stock were withheld at $14.75 per share to satisfy tax withholding obligations on previously reported restricted stock units, as described in the filing. This reduced the directly held common shares to 698,596.24, and the filing notes that common stock figures include restricted stock units.

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)
02/27/2026

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		20,352(2)	D	$14.75	698,596.24	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	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did MANITOWOC (MTW) report for Aaron H. Ravenscroft?

MANITOWOC reported that President & CEO Aaron H. Ravenscroft had 20,352 common shares withheld. The shares were withheld at $14.75 each to cover tax obligations tied to previously reported restricted stock units, according to the Form 4 disclosure.

Was the MANITOWOC (MTW) CEO’s Form 4 transaction an open-market sale?

The Form 4 describes a tax-withholding disposition, not an open-market sale. 20,352 shares of MANITOWOC common stock were withheld at $14.75 per share to satisfy applicable tax obligations on restricted stock units previously reported in the insider’s compensation.

How many MANITOWOC (MTW) shares does the CEO report owning after this transaction?

After the reported tax-withholding transaction, Aaron H. Ravenscroft reports holding 698,596.24 shares of MANITOWOC common stock. The filing notes that this common stock figure includes restricted stock units, reflecting both vested and unvested equity components in his reported ownership.

What does transaction code F mean in the MANITOWOC (MTW) Form 4 filing?

Transaction code F in this Form 4 indicates shares used to pay exercise price or tax liability. Here, 20,352 MANITOWOC common shares were withheld specifically to satisfy tax withholding obligations associated with restricted stock units previously reported for the CEO.

Are restricted stock units included in the CEO’s MANITOWOC (MTW) share total?

Yes, the footnotes state that common stock totals include restricted stock units. This means Aaron H. Ravenscroft’s reported 698,596.24 MANITOWOC shares after the transaction incorporate RSUs, providing a combined view of his equity-based compensation holdings.

What option or award holdings are shown in the MANITOWOC (MTW) Form 4?

The Form 4 lists several officer option and non-qualified option awards with updated post-transaction balances, such as 24,753, 20,205, 17,760, 22,247 and 39,063 units. These entries reflect held derivative awards rather than new purchases or sales of MANITOWOC common stock.