van Gunsteren Job Leonard 4

What Happened Job van Gunsteren, SVP and GM, Specialty Products at Balchem Corp (BCPC), had 258 restricted shares withheld to cover withholding taxes upon vesting. The shares were valued at $173.16 each, for a total value of approximately $44,675. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-08; Form 4 filed: 2026-02-10 (Accession 0001140361-26-004614)
• Price per share: $173.16; shares withheld: 258; total value: $44,675
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote: F1 — shares were withheld to cover withholding taxes due upon vesting of restricted shares granted on 2/8/2023
• Filing timeliness: filed on 2026-02-10 (no late-filing flag provided)

Context Tax-withholding (code F) is a routine administrative action when restricted stock vests and does not necessarily indicate buying or selling intent. The underlying restricted shares were granted on 2/8/2023 and vested on 2/8/2026; withholding reduces the insider’s issued share count rather than representing an open-market sale.