Palmer Ryan M 4

What Happened
Palmer Ryan M, Vice President & Corporate Controller of Manitowoc Co Inc (MTW), had 703 shares withheld on Feb 25, 2026 to satisfy tax withholding obligations related to previously granted restricted stock units. The withholding was recorded at $14.69 per share for a total value of $10,327. This was a tax withholding/net settlement of RSUs, not an open‑market sale.

Key Details

• Transaction date: 2026-02-25
• Price per share used for withholding: $14.69
• Shares withheld/disposed: 703 — total value ≈ $10,327
• Shares owned after transaction: Not specified in the Form 4 provided
• Footnotes: F1 — common stock includes restricted stock units; F2 — the 703 shares were withheld to satisfy tax withholding on RSUs
• Filing: Report filed 2026-02-27 (appears timely; Form 4 filed within standard reporting window)
• Transaction code: F — tax withholding (net share settlement)

Context
This was a routine tax-withholding action on vested restricted stock units (a cashless/net settlement), not a voluntary open-market sale that might reflect an insider’s view of the stock. Such withholdings reduce the insider’s outstanding share count but do not necessarily indicate buying or selling sentiment.