Cook James Steele 4
Research Summary
AI-generated summary
Manitowoc (MTW) EVP James Steele Cook Receives 19,371-Share Award
What Happened
- James Steele Cook, Executive Vice President, Human Resources of Manitowoc Co. Inc. (MTW), was granted/received 19,371 shares (award/settlement of performance/share units) on 2026-02-18 at $0.00 value. To satisfy tax withholding obligations, 9,136 shares were withheld/disposed at $14.86 per share, valued at $135,761. The award represents settlement of performance share units for the performance period ended December 31, 2025.
Key Details
- Transaction date: 2026-02-18.
- Award: 19,371 shares granted/settled (code A) at $0.00.
- Tax withholding: 9,136 shares withheld/disposed (code F) at $14.86, totaling $135,761.
- Footnotes: F2 confirms settlement of performance share units for the 2025 performance period; F4 confirms shares were withheld to satisfy tax withholding; F1 notes common stock includes restricted stock units; F3 notes inclusion of deferred compensation balance.
- Shares owned after transaction: not specified in the information provided.
- Filing: Report filed 2026-02-20 for a 2026-02-18 transaction (appears timely).
Context
- This was an equity award/settlement (not an open-market purchase or investment by the insider). The withholding of shares to cover taxes is a routine post-settlement action (a form of cashless settlement) and does not necessarily indicate a change in insider market sentiment.