Aghili Aziz 4
Research Summary
AI-generated summary
Columbus McKinnon (CMCO) Director Aghili Aziz Receives 3,283 Shares
What Happened
Aghili Aziz, a director of Columbus McKinnon Corporation (CMCO), acquired 3,283.085 shares on 2026-06-01 through the conversion/distribution of deferred stock units (reported as derivative exercise, code M). The filing shows a $0.00 per-share price, indicating these shares were issued under a deferred compensation plan rather than purchased for cash.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely).
- Reported transaction type/code: M (exercise/conversion of derivative). Report lists two identical line items, but footnotes clarify a single distribution of 3,283.085 deferred stock units.
- Price: $0.00 per share (conversion/delivery of units, not a cash purchase).
- Shares received: 3,283.085 shares (from 3,283.085 deferred stock units).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1–F3 state that 3,283.085 deferred stock units were distributed on 06/01/2026; each DSU represents a contingent right to one common share; shares were delivered under the Plan and subject to its terms.
Context
This was a distribution/conversion of deferred compensation (DSUs) to common shares, a non-cash issuance common for directors and executives. Such distributions are routine and reflect vesting/payment of previously awarded deferred units rather than an open-market buy or sell that signals immediate trading intent.