Shah Harshil Vipul 4

What Happened
Harshil Vipul Shah, Vice President of Business Operations at ASCENT Industries (ACNT), received 5,896 shares on 2026-03-26 as vested performance stock units (total value ≈ $75,705 at $12.84). On 2026-03-27, 2,096 of those shares were disposed of at $12.85 each (proceeds ≈ $26,934) to satisfy tax withholding obligations. The grant (A) was an award/vesting, not an open-market purchase; the disposal (F) represents shares used or sold to cover taxes.

Key Details

• Award (A): 5,896 shares vested on 2026-03-26 at $12.84/share (≈ $75,705).
• Withholding/Disposition (F): 2,096 shares disposed on 2026-03-27 at $12.85/share (≈ $26,934) to cover taxes.
• Net shares retained from this award: 3,800 shares (5,896 − 2,096). The Form 4 did not disclose Shah’s total holdings after these transactions.
• Footnote F1: PSUs vested at 109% of target based on adjusted EBITDA performance over the period.
• Footnote F2: The 2,096-share disposal represents the number of shares required to be sold to cover tax withholding.
• Filing date: Form 4 filed 2026-03-30 (reporting the 3/26–3/27 transactions).

Context
This was a performance-based award that vested (not a market purchase). The subsequent share disposition was a routine sell-to-cover or share-withholding to pay taxes—common with equity compensation and not necessarily a signal of insider sentiment. Codes: A = award/acquisition; F = tax withholding/share disposition.