Cook James Steele 4

What Happened

• James Steele Cook, Executive Vice President of Human Resources at Manitowoc Co. Inc. (MTW), had 2,545 shares withheld to satisfy tax withholding obligations tied to previously granted restricted stock units (RSUs). The shares were valued at $14.75 each, totaling approximately $37,539. The transaction is reported with code F (payment of exercise price or tax liability) and is recorded as a disposal (withholding), not an open-market sale.

Key Details

• Transaction date: 2026-02-27; Price: $14.75 per share; Shares withheld/disposed: 2,545; Total value ≈ $37,539.
• Shares owned after the transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 — common stock figure includes restricted stock units; F2 — the reported share count was withheld to satisfy tax withholding on previously reported RSUs; F3 — includes the most recent deferred compensation plan balance.
• Filing timeliness: Report filed 2026-03-03 (appears to be filed on time under Form 4 reporting requirements).

Context

• This was a routine tax-withholding transaction related to RSUs (a common administrative event) rather than a market sale or deliberate cash-out by the insider. Such withholdings are not typically interpreted as a directional signal about the insider’s view of the stock.