Backus William A. 4
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Balchem (BCPC) VP William Backus Withholds 322 Shares for Taxes
What Happened William A. Backus, Vice President and Chief Accounting Officer of Balchem Corp (BCPC), had 322 shares withheld to cover tax withholding related to vested restricted stock. The withholding was recorded on 2026-02-08 at a per-share value of $173.16, representing a disposition value of $55,758. The transaction is coded F (tax withholding) on the Form 4.
Key Details
- Transaction date: 2026-02-08; Filing date: 2026-02-10 (timely)
- Price used for withholding: $173.16 per share
- Shares withheld/disposed: 322 (total value $55,758)
- Footnote: Shares were withheld to satisfy withholding taxes on restricted shares granted 2/8/2023 (F1)
- Shares owned after the transaction: not specified in the provided excerpt
- Filing status: timely (no late filing indicated)
Context This was a tax-withholding disposition tied to vesting of restricted stock (a routine administrative action), not an open-market sale indicating additional insider selling pressure. Tax-withholdings are common when restricted shares vest and generally do not, by themselves, convey a change in the insider’s view of the company.