Columbus McKinnon (CMCO) Director Gerald Colella Receives 7,590-Share Award
$CMCO · COLUMBUS MCKINNON CORPResearch Summary
AI-generated summary of this SEC filing
Columbus McKinnon (CMCO) Director Gerald Colella Receives 7,590-Share Award
What Happened
Gerald G. Colella, a director of Columbus McKinnon Corporation (CMCO), was granted 7,590 shares on August 17, 2026. The filing reports the shares at $19.11 per share, for a total reported value of $145,007. This was a grant/award (reported as acquisition code "A"), i.e., compensation under the company’s long‑term incentive plan, not an open‑market purchase.
Key Details
- Transaction date: 2026-08-17; Report filed: 2026-08-19 (appears timely under the Form 4 two-business-day rule).
- Price/value: 7,590 shares × $19.11 = $145,007.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Grant made under the Columbus McKinnon 2016 Long Term Incentive Plan, as amended (most recently amended Aug 14, 2026).
- F2: Reports shares held by The Gerald G. Colella 2019 Trust, over which he has voting and investment power.
- Transaction type: Award/grant (compensation), not a purchase or sale.
Context
Grants under an LTIP are standard executive/director compensation intended to align long‑term interests with shareholders; they do not necessarily indicate the insider’s intent to buy or sell additional shares. The filing shows the award and references a trust holding shares over which the director retains control; no sale or cashless exercise was reported.