Insider Selling at Manitowoc Co. – What the Numbers Mean
On February 9, 2026, Chief Financial Officer Regan Brian P. sold 5,469 shares of Manitowoc Common Stock at $14.86 per share, leaving him with 148,972 shares. The transaction occurred just two days after the company released a stronger‑than‑expected 2025 full‑year report and a bullish 2026 revenue outlook. While the sale was modest relative to the total shares held, it is part of a broader pattern of insider activity that warrants closer scrutiny.
Insider Activity in Context
Manitowoc’s insider landscape is unusually active this quarter. CEO Aaron Ravenscroft, EVP Jennifer Peterson, and others have each reported multiple transactions, ranging from sales of thousands of shares to significant holdings in officer options. The recent sell by Regan P. is one of the largest single trades among the CFO and other executives, suggesting a potential shift in confidence or a tactical rebalancing of personal portfolios. The overall trading volume among insiders has surged, coinciding with a 9.39 % weekly gain in the stock and a bullish 55.07 % annual change.
Implications for Investors
A CFO’s sell can signal a few things: liquidity needs, portfolio diversification, or a genuine signal of declining confidence in the company’s near‑term prospects. In this case, the sale was executed at a price almost identical to the prevailing market rate, indicating a lack of distress or opportunistic timing. Moreover, Regan’s historical transactions show a tendency to buy rather than sell, with a notable purchase of 2,500 shares in May 2025 at $8.53—a significant discount that suggests he sees long‑term value. The current sale, therefore, is more likely a routine portfolio adjustment than a bearish signal.
Profile of Regan Brian P. – A History of Optimism
Regan Brian P. has a mixed record of insider dealings. His most recent significant purchase (May 2025) bought 2,500 shares at a price well below the market, reflecting confidence in Manitowoc’s growth trajectory. He also maintains a stable holding of 4,172 shares in 2019 officer options, indicating a long‑term stake in the company’s future. His recent sale does not deviate from his pattern of gradual portfolio rebalancing rather than reactionary moves. Analysts view his transactions as evidence of a “steady‑hand” CFO who manages personal holdings with a focus on long‑term value creation.
What This Means for Manitowoc’s Future
The company’s fundamentals remain solid. A 9.6 P/E ratio and a market cap of roughly $527 million position Manitowoc as a moderately valued industrial manufacturer with room for upside. The recent earnings beat, coupled with a new Hiab dealer partnership, supports continued growth in the crane and truck segments. Insider activity—particularly the CFO’s sale—does not appear to undermine this narrative. Instead, it suggests that senior management is maintaining liquidity while still holding significant upside potential. Investors should continue to monitor insider transactions for larger, sustained moves, but for now, the signal is neutral to slightly positive, especially given the upbeat social media buzz (+34) and high engagement (buzz > 500 %).
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-09 | Regan Brian P (EVP & Chief Financial Officer) | Sell | 5,469.00 | 14.86 | Common Stock |
| 2020-02-27 | Regan Brian P (EVP & Chief Financial Officer) | Holding | 4,172.00 | N/A | 02.27.2019 Officer Non-Qualified Options |
| 2026-02-09 | Ravenscroft Aaron H. (President & CEO) | Sell | 23,091.00 | 14.86 | Common Stock |
| 2017-03-28 | Ravenscroft Aaron H. (President & CEO) | Holding | 24,753.00 | N/A | 03.28.2016OfficerOption |
| 2018-02-22 | Ravenscroft Aaron H. (President & CEO) | Holding | 20,205.00 | N/A | 02.22.2017OffOpt |
| 2019-02-20 | Ravenscroft Aaron H. (President & CEO) | Holding | 17,760.00 | N/A | 02.20.2018OfficerNQ |
| 2020-02-27 | Ravenscroft Aaron H. (President & CEO) | Holding | 22,247.00 | N/A | 02.27.2019 Officer Non-Qualified Options |
| 2021-02-26 | Ravenscroft Aaron H. (President & CEO) | Holding | 39,063.00 | N/A | 02.26.2020 Officer Non-Qualified Options |
| 2026-02-09 | Peterson Jennifer L (EVP, Gen. Counsel & Secretary) | Sell | 3,494.00 | 14.86 | Common stock |
| 2026-02-09 | Palmer Ryan M (VP, Corporate Controller & POA) | Sell | 604.00 | 14.86 | Common Stock |
| 2026-02-09 | Middleton Leslie L. (EVP Americas EU Mobile Cranes) | Sell | 4,296.00 | 14.86 | Common Stock |
| 2017-03-28 | Middleton Leslie L. (EVP Americas EU Mobile Cranes) | Holding | 10,025.00 | N/A | 03.28.2016OfficerOption |
| 2018-02-22 | Middleton Leslie L. (EVP Americas EU Mobile Cranes) | Holding | 4,490.00 | N/A | 02.22.2017OffOpt |
| 2019-02-20 | Middleton Leslie L. (EVP Americas EU Mobile Cranes) | Holding | 4,809.00 | N/A | 02.20.18OfficerNQ |
| 2020-02-27 | Middleton Leslie L. (EVP Americas EU Mobile Cranes) | Holding | 6,953.00 | N/A | 02.27.2019 Officer Non-Qualified Options |
| 2026-02-09 | Cook James Steele (EVP, Human Resources) | Sell | 2,887.00 | 14.86 | Common Stock |




