Kitchen John Bryan 4

What Happened

• Kitchen John Bryan, CEO of Ascent Industries (ACNT), received an award of 9,081 performance shares on 2026-01-22 valued at about $149,337 (9,081 × $16.45). On 2026-01-23 he disposed of 3,199 shares in a sell-to-cover transaction at $16.07 per share, raising about $51,408 to satisfy tax withholding. Net increase from the vesting event: 5,882 shares retained (9,081 acquired − 3,199 sold).

Key Details

• Award date and amount: 2026-01-22 — 9,081 shares at $16.45 each (total ~$149,337).
• Sell-to-cover date and amount: 2026-01-23 — 3,199 shares at $16.07 each (total ~$51,408).
• Shares owned after transaction: not specified in the filing; net gain from this vesting event was 5,882 shares.
• Footnotes: F1 — these were performance shares that vested because the 30-day VWAP target of $16.00 was achieved; F2 — the 3,199-share disposal was a sell-to-cover to satisfy tax withholding on vesting.
• Filing status: Form filed on 2026-01-26 for transactions dated 2026-01-22 and 2026-01-23 (filing appears routine; no late-filing flag noted).

Context

• This was a vesting of performance stock units (PSUs), not an open-market purchase or an option exercise. The sale was a routine sell-to-cover to meet tax obligations, while the award itself represents additional insider ownership (a net increase in shares). Such vesting events are common and reflect compensation tied to performance targets rather than an open-market buy or sell motivated by trading views.