Srinivas Ravi Ramesh 4

What Happened
Ravi Ramesh, VP, Operations - Chemicals at Ascent Industries (ACNT), received a grant of 4,610 shares on 2026-03-26 valued at $12.84 each (total ≈ $59,192) as a performance-based award. On 2026-03-27 he disposed of 1,551 shares at $12.85 each (total ≈ $19,930) to satisfy tax withholding obligations related to the award. The award reflects compensation, not an open-market purchase; the subsequent share disposition was routine tax withholding.

Key Details

• Transactions and prices:
  • 2026-03-26 — Award (A): 4,610 shares @ $12.84 (acquired) ≈ $59,192
  • 2026-03-27 — Tax withholding/disposition (F): 1,551 shares @ $12.85 (disposed) ≈ $19,930
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Performance stock units vested at 109% of target after issuer met adjusted EBITDA performance criteria.
  • F2: The 1,551 shares represent the number sold to cover tax withholding obligations.
• Filing timeliness: Report filed 2026-03-30 for a 2026-03-26 transaction; this meets the Form 4 two-business-day filing requirement.

Context
This was a compensation-related award that vested above target (109% of target) based on company performance; the sale was a routine, internal withholding to pay taxes and not a discretionary open-market sale. Such awards indicate the company met specific performance metrics, while the withholding sale should not be read as a signal of insider bearishness.