Cook James Steele 4

What Happened

• James Steele, Executive Vice President, Human Resources at Manitowoc Co. Inc. (MTW), had 3,779 shares withheld on Feb 25, 2026 to satisfy tax withholding obligations related to previously granted restricted stock units (RSUs). The shares were valued at $14.69 each, for a total withholding value of approximately $55,514. This transaction (code F) is a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date & price: 2026-02-25; 3,779 shares withheld at $14.69 per share (total ~$55,514).
• Transaction type: F — shares withheld to satisfy tax withholding on RSUs (disposition by withholding).
• Shares owned after transaction: Not specified in the summary provided here; see the full Form 4 for post-transaction holdings.
• Footnotes: F1 notes common stock includes RSUs; F2 confirms shares were withheld to satisfy applicable tax withholding on RSUs previously reported; F3 references the most recent deferred compensation plan balance.
• Filing timeliness: Form 4 was filed on 2026-02-27 for a 2026-02-25 transaction (filed within the typical two-business-day window).

Context

• Withholding shares to cover taxes on RSU vesting is routine and is an administrative disposition — it does not necessarily indicate the insider is taking a directional market view. For retail investors, such transactions mainly reflect compensation tax mechanics rather than buy/sell signals.