Middleton Leslie L. 4
Research Summary
AI-generated summary
Manitowoc (MTW) EVP Leslie Middleton Withholds 5,699 Shares
What Happened Leslie L. Middleton, EVP Americas EU Mobile Cranes at Manitowoc Co. Inc. (MTW), had 5,699 shares withheld on Feb 25, 2026 to satisfy tax withholding obligations related to restricted stock units. The shares were valued at $14.69 each, totaling roughly $83,718. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-02-25
- Transaction type/code: Payment of tax liability via share withholding (F)
- Shares withheld/disposed: 5,699 at $14.69 each — total ~$83,718
- Footnotes: F1 indicates common stock includes restricted stock units; F2 states the shares were withheld to satisfy tax withholding on previously reported RSUs
- Shares owned after transaction: Not specified in the provided filing summary
- Filing date: 2026-02-27 (appears timely relative to the Feb 25 transaction)
Context Withholding shares to cover taxes on RSUs is a common administrative action and differs from an open-market sale — it generally does not signal a change in the insider’s market view. The filing indicates the withholding was to meet tax obligations on previously granted restricted stock units.