Paradowski Mark R 4
Research Summary
AI-generated summary
Columbus McKinnon (CMCO) Sr VP Mark Paradowski Receives Award
What Happened
Mark R. Paradowski, Senior Vice President, Information Services & Chief Digital Officer of Columbus McKinnon Corp (CMCO), was granted 38.537 restricted shares (reported as $0 value) on 2026-05-11. The filing notes these shares represent additional restricted stock units attributable to dividend reinvestment.
Key Details
- Transaction date: 2026-05-11; reported on Form 4 filed 2026-05-13 (appears timely).
- Transaction type/code: A — Award/Grant/Other acquisition.
- Shares acquired: 38.537 at $0.00 (total reported value $0).
- Shares owned after transaction: Not specified in the filing.
- Footnote F1: These 38.537 shares represent additional RSUs attributable to dividend reinvestment.
- Footnote F2: The filing also references 8,772.774 shares of restricted stock issued to the reporting person that are subject to forfeiture with the following vesting schedule if employment continues:
- 1,160.687 shares fully vest on 5/22/2026;
- 1,467.635 shares vest 50% per year over two years starting 5/20/2026;
- 6,144.452 shares vest 33.33% per year over three years starting 5/19/2026.
- No tax-withholding sale or 10b5-1 plan is indicated in this filing.
Context
This was a grant of restricted shares/RSUs (not an open-market purchase or sale). Grants reported at $0 are standard for restricted stock units that have vesting conditions; they do not reflect a cash purchase price. Such awards are routine compensation-related events and do not, by themselves, indicate the insider’s view of the company’s stock price.