BALCHEM (BCPC) Reid Martin Luther SVP Withholds 416 Shares for Taxes

What Happened Reid Martin Luther, SVP & Chief Supply Chain Officer at BALCHEM (BCPC), had 416 shares withheld to satisfy withholding taxes related to the vesting of restricted stock. The shares were valued at $173.16 each, totaling approximately $72,035. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-08; filing date: 2026-02-10 (no late filing indicated in the report)
• Price per share: $173.16; shares withheld: 416; aggregate value: $72,035
• Transaction code: F (shares withheld to cover tax withholding)
• Footnote: Withholding reflects taxes due upon vesting of restricted shares granted on 2023-02-08
• Shares owned after the transaction: not disclosed in the provided filing

Context Tax-withholding share disposals are routine when restricted shares vest and do not necessarily indicate insider sentiment about the company. This was a cashless/tax-withholding action tied to prior awards, not a decision to sell shares on the open market.