Manitowoc Co SEC Filings

Manitowoc Co. Inc. executive Jennifer L. Peterson received an equity grant of 23,011 shares of common stock on May 5, 2026, as a compensation award. The shares were granted at no cash cost per share and increased her direct holdings to 102,893 common shares, which include restricted stock units.

She also holds non-qualified stock options covering 1,752 underlying common shares at an exercise price of $18.40 per share expiring on February 27, 2029, and options covering 1,721 underlying shares at an exercise price of $32.98 per share expiring on February 20, 2028.

Palmer Ryan M reported acquisition or exercise transactions in this Form 4 filing.

MANITOWOC CO INC reported that VP, Corporate Controller & PAO Ryan M. Palmer received a grant of 4,426 shares of Common Stock on May 5, 2026 at a stated price of $0.00 per share, reflecting a stock award rather than a market purchase.

After this grant, Palmer directly owns 24,294 shares of Common Stock, and the company notes that this Common Stock figure includes restricted stock units.

MANITOWOC CO INC executive Leslie L. Middleton received a grant of 28,321 shares of Common Stock on May 5, 2026. The award, coded as a grant, award, or other acquisition, carried a price per share of $0.0000, indicating a compensation-related equity grant rather than a market purchase.

After this grant, Middleton directly holds 188,556 shares of Common Stock, and this amount includes restricted stock units. The filing also lists outstanding non-qualified stock options for Common Stock: 6,953 underlying shares at an exercise price of $18.4000 expiring on February 27, 2029, 4,809 underlying shares at $32.9800 expiring on February 20, 2028, and 4,490 underlying shares at $25.6800 expiring on February 22, 2027.

The Manitowoc Company, Inc. reported first-quarter 2026 net sales of $494.6 million, up 5.0% from $470.9 million a year earlier, driven mainly by stronger tower crane demand in Europe and Africa and higher non-new machine sales.

The company posted a net loss of $6.0 million, or $0.17 per share, slightly better than the $6.3 million loss, or $0.18 per share, in 2025. Gross margin edged up to 19.3% as higher volumes and pricing offset unfavorable mix and higher tariffs. Operating cash flow improved to $27.4 million from $12.9 million, supported by working capital changes, while free cash flow rose to $19.2 million.

Orders increased 5.8% to $645.7 million and backlog grew to $939.9 million, up 18.4% from year-end 2025, reflecting solid demand outside the Americas. Total debt was $447.4 million and liquidity stood at $315.6 million, including $78.4 million of cash and significant availability under the asset-based revolver.

The Manitowoc Company, Inc. reported results of its 2026 Annual Meeting held on May 5, 2026. Shareholders approved the 2025 Omnibus Incentive Plan as Amended and Restated, which now authorizes the Company to issue up to 3,600,000 shares of common stock under various equity and cash incentive awards.

All nine director nominees were elected to one-year terms, and shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026. Shareholders also approved, on an advisory basis, the compensation of the Company’s named executive officers.

The Manitowoc Company, Inc. reported first‑quarter 2026 net sales of $494.6 million, a 5.0% increase from $470.9 million a year earlier. The company recorded a net loss of $6.0 million, or $(0.17) per diluted share, slightly better than the $6.3 million loss last year.

Orders were $645.7 million, up 5.8% year‑over‑year, supporting an ending backlog of $939.9 million. Non‑new machine sales reached $165.7 million, up 3.2% year‑over‑year, while adjusted EBITDA was $19.6 million, down 9.7% from the prior‑year quarter.

Manitowoc generated net cash from operating activities of $27.4 million and free cash flows of $19.2 million, compared with $2.1 million a year earlier. Management stated that full‑year 2026 guidance is being maintained and highlighted continued progress under the CRANES+50 strategy.

The Manitowoc Company, Inc. announced that its Board appointed Jennifer L. Peterson as Executive Vice President, Chief Legal and People Officer, and Secretary. She previously served as Executive Vice President, General Counsel and Secretary and will now lead the company’s global human resources, legal, and risk management functions.

Peterson has nearly 25 years of legal experience in both in-house and private practice roles and has been part of Manitowoc’s executive leadership team since 2022, after joining the company in 2018. The change expands her responsibilities and consolidates legal, people, and risk oversight under a single executive leader.

The Manitowoc Company, Inc. disclosed that James S. Cook resigned as Executive Vice President, Human Resources effective March 29, 2026, and will end transitional employment on June 19, 2026. The company and Mr. Cook entered into a separation agreement governing his transition period and post-employment terms.

During the transition period, he will perform transitionary tasks and continue to receive base salary and health insurance benefits but will not be eligible for additional equity-based or other incentive compensation. After the separation date, Manitowoc will pay the employer portion of COBRA health coverage for him and eligible dependents through September 30, 2026, contingent on his release of claims and compliance with the agreement. The agreement includes a release of claims and restrictive covenants, while releasing him from certain non-compete and non-solicitation obligations following the separation date.

Manitowoc Co Inc/The reported a Schedule 13G/A amendment showing no beneficial ownership by The Vanguard Group across its Common Stock position. The filing states 0 shares and 0% ownership. It explains that on January 12, 2026 The Vanguard Group reorganized and certain subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538.