Cook James Steele 4

What Happened
James Steele Cook, Executive Vice President of Human Resources at Manitowoc Co. Inc. (MTW), had 2,887 shares withheld on 2026-02-09 to satisfy tax withholding obligations tied to previously awarded restricted stock units (RSUs). The shares were valued at $14.86 each, totaling approximately $42,901. This was a withholding to cover taxes on awards—not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely filing).
• Shares withheld/disposed: 2,887 at $14.86 per share; total value ≈ $42,901.
• Nature of transaction: Tax withholding on RSUs (transaction code F). These shares were retained to satisfy withholding, not sold on the market.
• Footnotes: F1 indicates common stock figures include RSUs; F2 confirms shares withheld to satisfy tax obligations on previously reported RSUs; F3 references deferred compensation plan balance.
• Shares owned after the transaction: not specified in the provided filing details.

Context
Tax-withholding dispositions like this are routine when RSUs vest and do not necessarily signal insider sentiment—shares are withheld to cover tax liability rather than representing a discretionary sale. For investors, outright purchases or open-market sales by insiders are generally more informative about personal conviction than withholding events.