other material
confidence high
sentiment neutral
materiality 0.40
Columbus McKinnon terminates its Employee Stock Ownership Plan effective August 4, 2025
COLUMBUS MCKINNON CORP
- ESOP held ~131,903 shares (0.46% of outstanding) and $388k cash as of Aug 1, 2025.
- Plan closed to new participants since Jan 1, 2012; final allocation Mar 31, 2015; all 100% vested.
- Vested balances to be distributed in Oct 2025; participants may take direct distribution or roll over to 401(k) or IRA.
- Named executives Gregory Rustowicz (242 shares, $672 cash) and Alan Korman (302 shares, $828 cash) have allocated amounts.