Boned Frederic 4
Research Summary
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Balchem (BCPC) SVP Frederic Boned Withholds 430 Shares for Taxes
What Happened Frederic Boned, SVP & GM, Human Nutrition & Health at Balchem Corp (BCPC), had 430 shares withheld on Feb 8, 2026 to cover withholding taxes related to the vesting of restricted shares. The shares were recorded at $173.16 each, for a total value of approximately $74,459. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: Feb 8, 2026 — 430 shares at $173.16 per share (total ~$74,459).
- Transaction type: Code F — shares withheld to satisfy tax withholding on vested restricted stock (not a stock sale).
- Footnote: The withheld shares cover taxes due upon vesting of restricted shares granted on Feb 8, 2023 (per filing footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Report filed Feb 10, 2026 (two days after the transaction) — appears to be timely under Form 4 rules.
Context A withholding of shares to cover taxes is a routine administrative step when restricted stock vests and generally does not indicate a discretionary sale by the insider. Code F transactions reflect tax withholding rather than a signal of confidence or concern about the company’s prospects.