Ravenscroft Aaron H. 4
4 · MANITOWOC CO INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
MANITOWOC (MTW) CEO Aaron Ravenscroft Withholds 20,352 Shares for Taxes
What Happened
Aaron H. Ravenscroft, President & CEO of Manitowoc Co. Inc. (MTW), had 20,352 shares disposed on 2026-02-27 as a tax-withholding event related to restricted stock units. The shares were valued at $14.75 each for a total of $300,192 and reported under transaction code F (withheld to satisfy tax withholding obligations). This was a withholding/settlement of compensation, not an open-market sale or new purchase.
Key Details
- Transaction date: 2026-02-27; filing date: 2026-03-03 (timely filed within required reporting window).
- Shares withheld/disposed: 20,352 at $14.75 per share; total value ≈ $300,192.
- Transaction code: F — shares withheld to satisfy tax obligations on previously granted restricted stock units.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 = common stock includes restricted stock units; F2 = number of shares withheld to satisfy applicable tax withholding on RSUs previously reported.
Context
This was a routine tax-withholding event tied to RSU vesting (cashless/stock-withhold settlement), common for equity-compensated executives. Such transactions are administrative and do not necessarily indicate a change in the insider’s view on the company; purchases are generally more informative about bullish sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-27$14.75/sh−20,352$300,192→ 698,596.24 total
- 24,753
03.28.2016OfficerOption
Exercise: $17.40From: 2017-03-28Exp: 2026-03-28→ Common Stock (24,753 underlying) - 20,205
02.22.2017OffOpt
Exercise: $25.68From: 2018-02-22Exp: 2027-02-22→ Common Stock (20,205 underlying) - 17,760
02.20.2018OfficerNQ
Exercise: $32.98From: 2019-02-20Exp: 2028-02-20→ Common Stock (17,760 underlying) - 22,247
02.27.2019 Officer Non-Qualified Options
Exercise: $18.40From: 2020-02-27Exp: 2029-02-27→ Common Stock (22,247 underlying) - 39,063
02.26.2020 Officer Non-Qualified Options
Exercise: $12.37From: 2021-02-26Exp: 2030-02-26→ Common Stock (39,063 underlying)
Footnotes (2)
- [F1]Common stock includes restricted stock units.
- [F2]Represents the number of shares withheld to satisfy applicable tax withholding obligations on restricted stock units previously reported.