BALCHEM CORP·4

Feb 10, 4:28 PM ET

Tignor Michael Brent 4

Research Summary

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BALCHEM (BCPC) SVP Michael Tignor Withholds 373 Shares for Taxes

What Happened
Michael Brent Tignor, Senior Vice President & Chief Human Resources Officer at BALCHEM Corp (BCPC), had 373 shares withheld on 2026-02-08 to cover withholding taxes due upon the vesting of restricted shares. The withheld shares were recorded at $173.16 per share for a total value of $64,589. This was a tax-withholding disposition (routine), not an open-market sale or a new purchase.

Key Details

  • Transaction date and price: 2026-02-08; 373 shares at $173.16/share (total $64,589).
  • Transaction type/code: Tax withholding upon vesting (Form 4 code F).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: Withheld to cover withholding taxes on restricted shares granted 2023-02-08 (see F1).
  • Filing: Report filed 2026-02-10 (appears timely relative to the 2/8 transaction).

Context
Withholding shares to cover taxes is a common, administrative action when restricted stock vests and generally does not signal insider sentiment like an open-market sale might. Transaction code F indicates the shares were retained by the company to satisfy tax obligations rather than sold in the market.