COLUMBUS MCKINNON (CMCO) CFO uses 2,694 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbus McKinnon’s Executive VP Finance and CFO, Gregory P. Rustowicz, reported routine share dispositions tied to tax withholding on recently vested equity awards. On May 19, 2026, 1,961 common shares at $13.59 per share were used to satisfy tax obligations. On May 20, 2026, an additional 733 shares at $14.09 per share were similarly applied to taxes. These transactions relate to restricted stock units that became fully vested on those dates and do not represent open‑market buying or selling decisions. After these dispositions, Rustowicz directly holds about 93,063.71 common shares, plus 13,461.821 shares of restricted stock that remain subject to forfeiture and future vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rustowicz Gregory P
Role
Executive VP Finance, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 733 | $14.09 | $10K |
| Tax Withholding | Common Stock | 1,961 | $13.59 | $27K |
Holdings After Transaction:
Common Stock — 93,063.71 shares (Direct, null)
Footnotes (1)
- 4,521.063 restricted stock units became fully vested on 5/19/2026, of which 1,961 shares were traded to satisfy tax withholding obligations. 1,685.826 restricted stock units became fully vested on 5/20/2026, of which 733 shares were traded to satisfy tax withholding obligations. Includes 13,461.821 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 2,735.904 shares become fully vested 5/22/2026; 1,685.825 shares become fully vested 5/20/2027; and 9,040.092 shares become fully vested 50% per year for two years beginning 5/19/2027, if reporting person remains an employee of issuer.
Key Figures
Tax-withholding shares: 2,694 shares
Disposition on May 19, 2026: 1,961 shares at $13.59/share
Disposition on May 20, 2026: 733 shares at $14.09/share
+4 more
7 metrics
Tax-withholding shares
2,694 shares
Total shares delivered for tax withholding on May 19–20, 2026
Disposition on May 19, 2026
1,961 shares at $13.59/share
Common stock used to satisfy tax withholding obligations
Disposition on May 20, 2026
733 shares at $14.09/share
Common stock used to satisfy tax withholding obligations
Shares held after May 20, 2026
93,063.71 shares
Direct common stock ownership following tax-withholding dispositions
RSUs vested May 19, 2026
4,521.063 units
Restricted stock units becoming fully vested for CFO
RSUs vested May 20, 2026
1,685.826 units
Restricted stock units becoming fully vested for CFO
Unvested restricted stock
13,461.821 shares
Subject to forfeiture and future vesting through May 2028
Key Terms
restricted stock units, tax withholding obligations, subject to forfeiture
3 terms
restricted stock units financial
"restricted stock units became fully vested on 5/19/2026, of which 1,961 shares were traded"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares were traded to satisfy tax withholding obligations"
subject to forfeiture financial
"shares of restricted stock issued to reporting person subject to forfeiture in whole or part"
FAQ
What insider transactions did CMCO CFO Gregory Rustowicz report?
Gregory Rustowicz reported two dispositions of Columbus McKinnon common stock to cover tax obligations. A total of 2,694 shares were used for tax withholding, tied to restricted stock units that vested on May 19 and May 20, 2026.
What CMCO equity awards vested for the CFO in May 2026?
Restricted stock units vested for the CFO on May 19 and May 20, 2026. One tranche of 4,521.063 units and another of 1,685.826 units became fully vested, triggering associated tax obligations settled with a portion of the resulting shares.
Does the CMCO CFO still have unvested restricted stock?
Yes. After these transactions, 13,461.821 shares of restricted stock remain subject to forfeiture for the CFO. These shares vest over time through May 2027 and May 2028, provided he continues as an employee of Columbus McKinnon.
What do the F-coded transactions mean in the CMCO Form 4?
The F-coded transactions indicate payment of tax liability by delivering securities. In this case, the CFO used shares of Columbus McKinnon common stock received from vesting restricted stock units to cover withholding taxes instead of making a separate cash payment.