Harris Theodore L 4

What Happened

• Theodore L. Harris, Chairman, President & CEO (also a director) of Balchem Corp (BCPC), had 3,225 shares withheld on 2026-02-08 to satisfy tax withholding obligations related to vested restricted shares. The shares were valued at $173.16 each, totaling approximately $558,441. This was a tax-withholding disposal, not an open-market sale.

Key Details

• Transaction date and price: 2026-02-08 at $173.16 per share.
• Shares withheld/Disposed: 3,225 shares; total value ≈ $558,441.
• Transaction code: F — tax withholding to cover taxes upon vesting of restricted shares.
• Footnotes:
  • F1: Withheld to cover withholding taxes due upon vesting of restricted shares granted 2/8/2023.
  • F2: Reporting person is trustee of a trust holding some securities and disclaims beneficial ownership of those trust holdings except to the extent of any pecuniary interest.
• Filing timeliness: Report filed 2026-02-10 for a 2026-02-08 transaction (filed promptly within the typical two-business-day window).

Context

• This is a routine cashless/withholding action common when restricted stock vests; shares are surrendered to cover taxes rather than sold on the open market. Such withholding transactions generally do not signal an insider’s change in view of the company’s prospects.