Regan Brian P 4
4 · MANITOWOC CO INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Manitowoc (MTW) CFO Regan Withholds 4,834 Shares for Taxes
What Happened
Brian P. Regan, Chief Financial Officer of Manitowoc Co Inc (MTW), had 4,834 shares withheld on 2026-02-27 to satisfy tax withholding on previously granted restricted stock units. The shares were valued at $14.75 each, for a reported total of $71,302. This was a tax-withholding disposition (transaction code F), a routine administrative action rather than an open-market sale.
Key Details
- Transaction date: 2026-02-27
- Type/code: Payment of tax liability / withholding on RSUs (Code F)
- Shares withheld/disposed: 4,834 at $14.75 per share; total reported $71,302
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing date: 2026-03-03 — appears to be within the normal two-business-day Form 4 reporting window
- Footnotes: F1 notes common stock includes restricted stock units; F2 clarifies these shares were withheld to satisfy tax withholding on previously reported RSUs
Context
This was a tax-withholding (cashless) disposition of RSU shares by the company to meet tax obligations—not a discretionary sale into the market—so it’s generally considered a routine administrative event and not a directional signal about the insider’s view of the stock. Purchases by insiders typically carry more informational weight for investors than routine withholdings.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-27$14.75/sh−4,834$71,302→ 156,410 total
- 4,172
02.27.2019 Officer Non-Qualified Options
Exercise: $18.40From: 2020-02-27Exp: 2029-02-27→ Common Stock (4,172 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.