Ramos Lara Mario Y. 4
Research Summary
AI-generated summary
Columbus McKinnon (CMCO) CPTO Mario Ramos Sells 390 Shares
What Happened
- Mario Y. Ramos, CPTO and GM, Latin America at Columbus McKinnon, disposed of 390 shares on 2026-05-22 to satisfy tax withholding obligations tied to restricted stock vesting. The shares were traded at $14.88 each for proceeds of approximately $5,803. This was a withholding sale (transaction code F), not an open-market sell for investment reasons.
Key Details
- Transaction date and price: 5/22/2026, 390 shares at $14.88 per share; total ≈ $5,803.
- Reason: 1,367.952 restricted stock units (RSUs) vested on 5/22/2026; 390 of those vested shares were sold to cover taxes (F = tax withholding).
- Net delivered from this vesting: 1,367.952 − 390 = 977.952 shares remained delivered to the reporting person after withholding.
- Total restricted shares on grant per footnote: 5,729.698 RSUs issued to the reporting person, subject to forfeiture; 872.760 shares vest 5/20/2027, and 4,856.938 vest 50% per year for two years beginning 5/19/2027.
- Filing: Form 4 reported on 2026-05-26 disclosing the 5/22/2026 transaction.
- Transaction code: F — shares were sold/settled to satisfy tax withholding; not a discretionary sale (not a P/S purchase/sale signal).
Context
- This was a routine tax-withholding sale following RSU vesting (a common, administrative transaction). Such sales are generally not read as a directional insider bet on the company’s stock. The dollar amount involved (~$5.8k) is modest relative to typical insider trades.