MANITOWOC CO INC·4

Mar 3, 5:04 PM ET

Ravenscroft Aaron H. 4

Research Summary

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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.