Peterson Jennifer L 4

What Happened
Jennifer L. Peterson, EVP, General Counsel & Secretary of Manitowoc Co Inc (MTW), had 4,535 shares withheld to satisfy tax withholding obligations related to previously awarded restricted stock units (RSUs). The withholding was reported as a disposition at a per-share value of $14.69, totaling about $66,619.

Key Details

• Transaction date and price: Feb 25, 2026; 4,535 shares @ $14.69 each.
• Total value: Approximately $66,619 (reported).
• Transaction type/code: Tax withholding on RSUs (reported under code F — payment of exercise price or tax liability).
• Footnotes: F1 — common stock includes restricted stock units; F2 — number of shares withheld to satisfy applicable tax withholding on previously reported RSUs.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 was filed Feb 27, 2026 for a Feb 25 transaction and appears to have been filed within the usual 2-business-day window.

Context
This was a routine tax-withholding disposition (shares retained by the company to cover tax obligations on vested RSUs), not an open-market sale that signals a directional bet. Such withholdings are common when executives receive equity awards and do not, by themselves, indicate sentiment about the company’s prospects.