Middleton Leslie L. 4
Research Summary
AI-generated summary
MTW EVP Leslie Middleton Withholds 4,296 Shares for Taxes
What Happened
- Leslie L. Middleton, EVP Americas EU Mobile Cranes at Manitowoc (MTW), had 4,296 shares withheld on 2026-02-09 to satisfy tax withholding obligations tied to previously granted restricted stock units. The shares were valued at $14.86 each, totaling approximately $63,839. This was a withholding for taxes (disposition), not an open-market sale or new purchase.
Key Details
- Transaction date and price: 2026-02-09 at $14.86 per share.
- Shares affected: 4,296 shares withheld; total value ≈ $63,839.
- Shares owned after transaction: not reported in this Form 4.
- Footnotes: F1 notes common stock figures include restricted stock units; F2 clarifies shares were withheld to satisfy tax withholding on RSUs.
- Filing timeliness: Form filed 2026-02-10 for a 2026-02-09 transaction (filed promptly).
Context
- This transaction is a routine tax-withholding event related to RSU vesting (a non-market disposition) and generally should not be interpreted as a directional buy/sell signal about management’s view of the company.