NEWMARKET CORP·4

Feb 20, 4:41 PM ET

FITZGERALD TIMOTHY K 4

Research Summary

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NewMarket (NEU) CFO Timothy Fitzgerald Withholds 34 Shares for Taxes

What Happened

  • Timothy K. Fitzgerald, Vice President & Chief Financial Officer of NewMarket Corp (NEU), had 34 shares withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock. The withholding was recorded at $607.04 per share for a reported total of $20,639. This is an administrative tax-withholding event (code F), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely)
  • Transaction type/code: F — Payment of exercise price or tax liability (shares withheld)
  • Shares withheld: 34 at $607.04/share; reported value $20,639
  • Shares owned after transaction: Not specified in the provided filing
  • Footnotes:
    • F1: Shares were withheld by the company to satisfy tax withholding related to restricted stock granted effective Feb 19, 2021.
    • F2: Notes that increases in shares may be due to periodic purchases by the Plan Trustee pursuant to the Plan.
  • Filing timeliness: Report filed the next day; no late filing indicated.

Context

  • This is a routine tax-withholding event when restricted stock vests—the company retains (or cancels) a portion of vested shares to cover taxes. Such withholdings are administrative and do not necessarily reflect the insider’s view of the company’s stock.