MANITOWOC CO INC·4

Feb 10, 5:09 PM ET

Regan Brian P 4

Research Summary

AI-generated summary

Updated

Manitowoc (MTW) CFO Brian Regan Withholds 5,469 Shares for Taxes

What Happened

  • Brian P. Regan, Chief Financial Officer of Manitowoc Co. Inc. (MTW), had 5,469 shares disposed on 2026-02-09 as a payment to satisfy tax withholding obligations tied to previously awarded restricted stock units (RSUs).
  • The shares were valued at $14.86 each, for a total of $81,269. This was a withholding to cover taxes on vested awards — a routine administrative disposition, not an open-market sale.

Key Details

  • Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (appears timely).
  • Transaction type/code: F (payment of exercise price or tax liability via share withholding).
  • Shares disposed/withheld: 5,469 at $14.86 per share = $81,269.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnotes: F1 — common stock reported includes restricted stock units; F2 — the 5,469 shares were withheld to satisfy tax withholding on previously reported RSUs.

Context

  • This was a tax-withholding transaction (cashless disposition of shares to cover taxes on vested RSUs), which is routine and does not necessarily indicate a change in the insider’s view of the company. It differs from an open-market sale because shares were withheld by the company to meet tax obligations rather than sold on the market.