Manitouco (MTW) CEO Aaron H. Ravenscroft Withholds 23,091 Shares

What Happened Aaron H. Ravenscroft, President & CEO of The Manitowoc Company, had 23,091 shares withheld to satisfy tax withholding obligations related to restricted stock units (RSUs). The withholding was reported as a disposition on Feb 9, 2026, at an effective price of $14.86 per share, representing roughly $343,132 in value. This was a tax-withholding action (routine) rather than an open-market sale.

Key Details

• Transaction date: 2026-02-09; filed on 2026-02-10.
• Shares withheld/disposed: 23,091 at $14.86 per share; total value ≈ $343,132.
• Transaction code: F (tax withholding to satisfy tax liabilities on RSUs).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — common stock includes restricted stock units; F2 — number of shares withheld to satisfy applicable tax withholding obligations on previously reported RSUs.
• Filing timeliness: filed the day after the transaction (no late filing indicated).

Context This was a cashless-style tax withholding on vested RSUs, a common administrative action that reduces reported shares outstanding for the insider but does not necessarily indicate bullish or bearish sentiment. For retail investors, purchases by insiders can be more informative about intent; routine withholdings for tax liabilities are typically not a directional trading signal.