Manitowoc (MTW) Director Robert W. Malone Receives 11,136-Share Award

What Happened Robert W. Malone, a director of Manitowoc Co Inc (MTW), was granted 11,136 shares via an award (reported as $0 acquisition) on 2026-05-05. The grant is reported as restricted stock units (RSUs) rather than a market purchase or sale.

Key Details

• Transaction date: May 5, 2026; Form 4 filed May 12, 2026 (filed 7 days after the transaction).
• Transaction type: Award/Grant (code A); 11,136 shares acquired at $0.00.
• Vesting: The RSUs vest 100% on May 5, 2027 (footnote).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 clarifies common stock includes restricted stock units; F2 confirms 100% vesting on May 5, 2027.
• Timeliness: Filing appears later than the SEC’s usual 2-business-day Form 4 requirement.

Context This was a compensation grant (RSUs), not a cash purchase or sale, so it reflects director compensation rather than an open-market investment decision. RSUs typically convert to shares upon vesting (here, one year from grant).