BALCHEM CORP·4

Feb 13, 5:59 PM ET

Tignor Michael Brent 4

4 · BALCHEM CORP · Filed Feb 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Balchem (BCPC) SVP Michael Tignor Receives Awards; Shares Withheld

What Happened

  • Michael Brent Tignor, SVP & Chief HR Officer of Balchem Corp (BCPC), received equity awards/vested shares and had shares withheld to cover tax withholding. On Feb 11, 2026 he was credited with 1,200 restricted shares (recorded at $0), 1,929 performance stock units (PSUs) that vested (recorded at $0), and a derivative award of 4,400 shares (recorded at $0). To satisfy tax withholding obligations, 991 of the vested PSUs were withheld on Feb 11 (priced at $178.68, proceeds $177,072) and 165 restricted shares were withheld on Feb 12 (priced at $177.49, proceeds $29,286). Total shares withheld: 1,156; total withholding value: $206,358.
  • These were awards/vesting events (A) with withholding disposed shares (F) — not open‑market sales by the insider.

Key Details

  • Transaction dates and amounts:
    • Feb 11, 2026: +1,200 restricted shares (A) at $0; +1,929 PSUs vesting (A) at $0; 991 shares withheld (F) at $178.68 → $177,072.
    • Feb 12, 2026: 165 shares withheld (F) at $177.49 → $29,286.
    • Feb 11, 2026: +4,400 derivative award (A) at $0 (likely options/other derivative).
  • Shares withheld for taxes: 1,156 shares; total withholding value: $206,358.
  • Vesting and award notes from filing:
    • Restricted stock vests 25%/25%/50% over 3 years (F1).
    • PSUs represent the 2023–2025 performance period and include 31 dividend-equivalent shares (F2); 991 of 1,929 PSUs were withheld for taxes (F3).
    • The 165-share withholding relates to restricted shares granted 2/12/2025 (F4).
    • The derivative award follows a 20%/40%/40% vesting schedule (F5).
  • Filing date: Form 4 filed Feb 13, 2026 (two business days after Feb 11), which appears to be timely.

Context

  • These transactions are award/vesting events and mandatory tax withholdings — routine compensation-related activity rather than voluntary market sales or purchases. The withheld shares were surrendered to cover taxes, not sold on the open market by the insider.
  • The derivative award (4,400) is subject to multi-year vesting per the schedule provided; no option exercise or open-market trades were reported here.

Insider Transaction Report

Form 4
Period: 2026-02-11
Tignor Michael Brent
SVP & Chief HR Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-11+1,2009,950 total
  • Award

    Common Stock

    [F2]
    2026-02-11+1,92911,879 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-11$178.68/sh991$177,07210,888 total
  • Tax Payment

    Common Stock

    [F4]
    2026-02-12$177.49/sh165$29,28610,723 total
  • Award

    Stock Option

    [F5]
    2026-02-11+4,4004,400 total
    Exercise: $178.68Exp: 2036-02-11Common Stock (4,400 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    1,456
Footnotes (5)
  • [F1]Ownership of restricted stock vests in Reporting Person over a 3-year period (25% on the first anniversary of the grant date, 25% on the second anniversary of the grant date, and 50% on the third anniversary of the grant date), subject to restrictions on transfer in accordance with the provisions of a Restricted Stock Grant Agreement between the Issuer and the Reporting Person.
  • [F2]Represents the vesting of performance stock units (includes 31 dividend equivalent shares) for the 2023-2025 performance period.
  • [F3]991 of the 1,929 performance stock units that vested on February 11, 2026 were withheld to cover tax requirement due upon vesting.
  • [F4]Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 2/12/2025).
  • [F5]Options vest 20% Year 1, 40% Year 2, and 40% Year 3.
Signature
/s/ Travis Larsen, Attorney in Fact for Michael Brent Tignor|2026-02-13

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4