The Manitowoc Company, Inc. officer Ryan M. Palmer reported a tax-related share withholding. On February 9, 2026, 604 shares of Manitowoc common stock were withheld at $14.86 per share to cover tax obligations on previously reported restricted stock units. After this transaction, Palmer directly beneficially owned 17,847 shares of common stock, which includes restricted stock units.
Manitowoc Company executive Leslie L. Middleton, EVP Americas EU Mobile Cranes, reported a Form 4 transaction in the company’s common stock. On 02/09/2026, 4,296 shares of common stock were withheld at $14.86 per share to satisfy tax withholding obligations on previously reported restricted stock units.
After this withholding, Middleton beneficially owns 152,736 shares of Manitowoc common stock directly. The filing also lists several outstanding stock option awards, each tied to specific grant and expiration dates and exercisable for stated numbers of Manitowoc common shares.
Manitowoc Company executive reports tax‑related share withholding. EVP of Human Resources James Steele Cook had 2,887 shares of Manitowoc common stock withheld on February 9, 2026 to satisfy tax obligations on previously reported restricted stock units at a price of $14.86 per share.
After this withholding, he beneficially owns 58,579.68 shares of common stock directly, a figure that includes his most recent deferred compensation plan balance and restricted stock units.
The Manitowoc Company, Inc. filed an 8-K stating it will present to investors on February 11–14, 2026, and furnished an investor presentation as Exhibit 99. The presentation highlights a business transformation focused on higher-margin, recurring aftermarket revenue and crane services.
For 2025, Manitowoc reports approximately $2.2B in net sales, $122M in adjusted EBITDA, and 5.3% adjusted ROIC, with a net leverage ratio of 3.15x. Management outlines aspirational longer-term targets of $3.0B revenue, $1.0B non-new machine sales, 12% adjusted EBITDA margin, and 15% adjusted ROIC over a five-year period.
The company emphasizes growth in its aftermarket and rental businesses, including a rental and RPO fleet valued at about $154M and roughly 270 cranes as of December 31, 2025. Manitowoc also highlights a disciplined M&A strategy with about $200M invested in acquisitions since 2020 and continued organic investments to expand service locations and remanufacturing capabilities.
The Manitowoc Company reported fourth-quarter 2025 net income of $7.0 million, or $0.19 per diluted share, on $677.1 million of net sales, up 13.6% year-over-year. Orders rose 55.8% to $803.4 million, lifting backlog to $793.5 million. Adjusted EBITDA was $39.6 million.
For full-year 2025, net sales increased 2.9% to $2,240.9 million. Adjusted net income was $11.6 million, or $0.32 per diluted share, and adjusted EBITDA reached $121.7 million. Free cash flow was $78.3 million in the fourth quarter and $(15.3) million for the year.
For 2026, Manitowoc guides to net sales of $2.25–$2.35 billion, adjusted EBITDA of $125–$150 million, adjusted diluted EPS of $0.45–$0.90, capital expenditures of $45–$50 million, and free cash flow of $40–$65 million. A restructuring plan is expected to deliver $10 million in annualized savings.
Manitowoc Company director reports no share ownership
Randy A. Wood, a director of The Manitowoc Company, Inc., filed an initial insider ownership report. The Form 3 states that no securities of Manitowoc are beneficially owned, meaning he reports holding no direct or indirect equity or derivative positions in the company.
The Manitowoc Company, Inc. director Mark B. Rourke filed an initial ownership report on Form 3. The filing, effective as of January 20, 2026, states that he has no securities beneficially owned in the company.
The Manitowoc Company, Inc. expanded its Board of Directors from eight to ten members and elected Mark B. Rourke and Randy A. Wood as new directors, effective immediately. Their terms will run until the Company’s 2026 annual meeting of shareholders and until their successors are duly elected and qualified.
Rourke and Wood will receive the same compensation as the Company’s other non-employee directors, as described under “Non-Employee Director Compensation” in Manitowoc’s Proxy Statement for its 2025 annual meeting of shareholders, which was on March 21, 2025. The Company also issued a press release announcing the board additions, which is included as Exhibit 99.1.
The Manitowoc Company (MTW) reported Q3 2025 results with net sales of $553.4 million, up from $524.8 million a year ago. Operating income rose to $18.5 million from $7.5 million, and net income was $5.0 million, or $0.14 per diluted share, versus a $(7.0) million loss, or $(0.20) per share, last year.
By region, Q3 revenue was $306.4 million in Americas, $163.2 million in EURAF, and $83.8 million in MEAP, with segment operating income of $25.5 million, $(10.2) million, and $13.0 million, respectively. Year to date, net sales were $1,563.8 million and net income was $0.2 million.
Cash used in operations for the first nine months was $(68.9) million, largely reflecting an inventory build to $817.5 million (from $609.4 million at year-end) and working capital changes. The company ended the quarter with $39.7 million in cash and $500.4 million in total debt, including $177.2 million drawn on the ABL facility and $300.0 million of 2031 notes. As of September 30, 2025, shares outstanding were 35,470,942. Pursuant to a Consent Decree entered on March 28, 2025, the company paid a civil penalty of $42.6 million plus $0.6 million interest and has a $1.2 million accrual for an emissions mitigation project.
The Manitowoc Company, Inc. (MTW) furnished an update on its latest results. The company announced that it issued a press release detailing financial results for the quarter ended September 30, 2025.
The press release is provided as Exhibit 99.1 to this Form 8-K and is incorporated by reference. The company’s common stock trades on the NYSE under the symbol MTW.