4Filed Aug 18, 8:00 PM ET
Columbus McKinnon (CMCO) Mario Ramos Receives Award
$CMCO · COLUMBUS MCKINNON CORPResearch Summary
AI-generated summary of this SEC filing
Columbus McKinnon (CMCO) Mario Ramos Receives Award
What Happened
Mario Y. Ramos, CPTO and GM Latin America of Columbus McKinnon Corporation (CMCO), was granted a package of equity awards on 2026-08-17 totaling 20.999 shares + 6,701 shares + 14,859 derivative shares (≈21,580.999 shares total). All grants were reported at $0.00 (awarded, not purchased). These awards are restricted stock units and derivative awards subject to forfeiture and multi-year vesting under the company’s 2016 Long Term Incentive Plan (as amended).
Key Details
- Transaction date: 2026-08-17; Form 4 filed 2026-08-19 (timely within reporting window).
- Prices: all awards reported at $0.00 (compensation awards, not purchases/sales).
- Total shares awarded: 20.999 + 6,701 + 14,859 = ~21,581 shares (reported as separate award types, including a derivative component).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: Additional RSUs attributable to dividend reinvestment.
- F2: RSUs issued under the LTIP; vest 33.33% per year for three years on 8/17/2027, 5/18/2028 and 5/18/2029 (if still employed).
- F3: Breakdown includes 12,451.697 restricted shares with specific vesting tranches (875.958 shares vest 5/20/2027; 4,874.739 shares vest 50% per year beginning 5/19/2026; 6,701 shares vest 33.33% per year on the F2 schedule).
- F4: Notes non-qualified options under the LTIP and similar vesting schedule (options referenced in footnotes, but no option exercise reported in this filing).
Context
- These are compensation awards (restricted stock units and derivative awards) that vest over time; they do not involve cash paid or immediate sales. Such grants are routine for executive compensation and reflect long-term incentive alignment rather than an immediate trading signal.
- The filing appears timely; no late-filing flag was indicated.