Palmer Ryan M 4

What Happened Palmer Ryan M, Vice President and Corporate Controller of Manitowoc Co. Inc. (MTW), had 473 shares withheld to satisfy tax withholding obligations related to previously granted restricted stock units. The shares were recorded at $14.75 each, for a total value of approximately $6,977. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-27; filing date: 2026-03-03 (timely filed).
• Shares withheld/disposed: 473 at $14.75 per share; total value ≈ $6,977.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — common stock figure includes restricted stock units; F2 — these 473 shares represent withholding to satisfy tax obligations on previously reported RSUs.
• Transaction code: F (payment of exercise price or tax liability — tax withholding on RSUs).

Context This was a routine tax-withholding event (cashless retention of shares) tied to RSU vesting and does not reflect an open-market sale or a directional bet on the stock. Such withholding is common when companies settle equity awards for employees and generally should not be interpreted as a signal of insider sentiment.