Ravenscroft Aaron H. 4
Research Summary
AI-generated summary
Manitowoc CEO Aaron H. Ravenscroft Receives 148,684-Share Award
What Happened Aaron H. Ravenscroft, President & CEO of Manitowoc Co. Inc. (MTW), was granted 148,684 shares (reported as $0.00 per share) on 2026-05-05. The filing identifies the transaction as an award/grant (code A). The Form 4 shows an acquisition of 148,684 shares at $0.00 (total $0), with a footnote noting that common stock includes restricted stock units.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (timely filing).
- Transaction type: Award/grant (code A) of 148,684 shares; price reported $0.00 (total $0).
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: F1 — common stock includes restricted stock units (RSUs).
- No 10b5-1 plan, tax-withholding sale, or late-filing indication included in the provided data.
Context This was a compensation grant (likely RSUs), not a market purchase or sale. RSU awards typically vest over time and do not represent an immediate cash outlay or sale; economic value will depend on future vesting and the company’s share price. Such grants are routine for executives and should be viewed as part of compensation rather than a direct buy/sell signal.