Columbus McKinnon (CMCO) SVP Jon Adams Receives Equity Award
$CMCO · COLUMBUS MCKINNON CORPResearch Summary
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Columbus McKinnon (CMCO) SVP Jon Adams Receives Equity Award
What Happened Jon Adams, Senior Vice President, Business Integration at Columbus McKinnon (CMCO), was granted equity awards on 2026-08-17. The filing shows three acquisitions (code A): 21.32 shares (dividend‑related RSUs), 6,505 restricted stock units (RSUs), and 14,424 derivative units — all reported at $0.00 per share (typical for RSU grants). These are awards/compensation, not open‑market purchases or sales.
Key Details
- Transaction date and price: 2026-08-17; all items reported at $0.00 (award/grant).
- Units granted: 21.32 RSUs (dividend reinvestment), 6,505 RSUs (LTIP grant), 14,424 derivative units (restricted/derivative stock units) — total ≈20,950.32 units.
- Vesting/forfeiture: Awards are subject to forfeiture and various vesting schedules. Notable schedules include 33.33% per year for three years on certain tranches (e.g., the 6,505‑unit award), earlier partial vesting dates in 2027 for other tranches, and some tranches vesting 50% per year beginning 5/19/2026 (see footnotes F2–F3).
- Footnotes: F1 = dividend‑reinvested RSUs; F2/F3 = RSUs issued under the 2016 LTIP (amended), with detailed vesting; F4 refers to option terms (not part of these specific reported acquisitions).
- Shares owned after transaction: total post‑transaction holdings are not specified in the excerpt provided.
- Filing timeliness: Reported on 2026-08-19 for a 2026-08-17 transaction — appears to be filed within the typical two‑business‑day Form 4 window.
Context These entries are compensation grants (RSUs/derivative units) that become shares only as they vest; they are not cash purchases or immediate sales. Such awards are common for executive compensation and do not by themselves indicate an open‑market buy or sell signal. The reported $0.00 per share reflects the nature of RSU/award grants (value realized will depend on CMCO’s share price at vesting).