Adams Jon 4
Research Summary
AI-generated summary
Columbus McKinnon (CMCO) President Jon Adams Sells 253 Shares for Taxes
What Happened
Jon Adams, President, Americas of Columbus McKinnon Corp (CMCO), had 679.0366 restricted stock units (RSUs) vest on 1/22/2026. To satisfy tax withholding on that vesting, 253.037 shares were disposed at $21.28 per share (proceeds ~$5,385) and 0.0366 shares were converted to cash for withholding. The remaining 426 shares from that vested tranche were issued to him.
Key Details
- Transaction date: 2026-01-22; reported 2026-01-23 (timely filing).
- Disposed: 253.037 shares at $21.28 per share; reported proceeds $5,385. Transaction code F = tax withholding.
- Fractional share handling: 0.0366 shares converted to cash to satisfy withholding.
- Vested vs. remaining: 679.0366 RSUs vested; after withholding 426 shares remained from that vested grant.
- Other holdings/vesting: Filing notes 9,366.3944 restricted shares issued subject to forfeiture with a multi-date vesting schedule (see footnote).
- Filing timeliness: Filed the next day (not indicated as late).
Context
This was a routine tax-withholding disposition tied to RSU vesting (share surrender/sale to cover taxes), not a voluntary open-market sale intended as a trading signal. Such transactions are common when equity awards vest and do not necessarily indicate insider sentiment about the company.