van Gunsteren Job Leonard 4

What Happened

• Job van Gunsteren, SVP & GM, Specialty Products at Balchem (BCPC), received equity awards on Feb 11, 2026 and had shares withheld to cover tax obligations. The filing shows awards of 430 restricted shares and 1,345 performance stock units (PSUs) granted/vested (includes 22 dividend equivalents), plus a derivative award of 1,600 shares. To satisfy withholding taxes, 756 of the vested PSUs and 58 restricted shares were withheld (disposed) — resulting in reported withholdings of 756 shares @ $178.68 ($135,082) on Feb 11 and 58 shares @ $177.49 ($10,294) on Feb 12.

Key Details

• Transaction dates/prices: Feb 11, 2026 — 756 shares withheld @ $178.68; Feb 12, 2026 — 58 shares withheld @ $177.49. Award entries recorded on Feb 11, 2026 at $0.00 per share.
• Awards reported: 430 restricted shares (A), 1,345 PSUs vested (A, includes 22 dividend equivalents), and a 1,600-share derivative award (A).
• Withholding (code F): 814 shares total withheld to cover taxes, cash value ≈ $145,376.
• Footnotes: F1 (restricted stock vests over 3 years); F2 (PSUs cover 2023–2025 performance period); F3 (756 of 1,345 PSUs withheld for taxes); F4 (58 restricted shares withheld for taxes); F5 (options vest 20%/40%/40% — applies to derivative award).
• Shares owned after transaction: not specified in the filing.
• Filing: Form 4 filed Feb 13, 2026 — within the typical two-business-day reporting window.

Context

• This was primarily equity vesting and tax-withholding activity, not an open-market sale or buy. The withheld shares represent tax withholding (routine) rather than an active market sale decision; the derivative award (1,600) appears to be an option-type grant subject to future vesting per the listed schedule. No 10b5-1 plan or late filing indication is reported.