Miyata Hatsuki 4
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Balchem (BCPC) EVP Miyata Hatsuki Withholds 343 Shares for Taxes
What Happened Miyata Hatsuki, Executive Vice President, Chief Legal Officer & Secretary of Balchem Corp (BCPC), had 343 shares withheld (disposed) to cover withholding taxes tied to the vesting of restricted shares. The shares were valued at $173.16 each, for a total of $59,394. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-02-08; Price per share: $173.16; Total value: $59,394.
- Transaction code: F — shares withheld to cover tax withholding obligations upon vesting.
- Footnote: These shares were withheld to cover taxes due upon vesting of restricted shares granted on 2023-02-08.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing: Report filed 2026-02-10 for the 2026-02-08 transaction — appears to be timely under typical Form 4 reporting rules.
Context This was a routine tax-withholding action following vesting of restricted stock, which results in a disposal of shares to satisfy tax obligations and does not necessarily indicate a change in the insider’s view of the company. Such withholdings are common and differ from voluntary sales or purchases.