TIMKEN CO·4

May 12, 4:19 PM ET

TIMKEN JOHN M JR 4

Research Summary

AI-generated summary

Updated

Timken (TKR) Director John M. Timken Jr Sells 15,000 Shares

What Happened
John M. Timken Jr., a director of Timken Co. (TKR), executed an open-market sale of 15,000 shares on May 8, 2026 for a weighted average price of $116.51, generating about $1,747,650. On the same date he was also granted 1,280 restricted share units (RSUs) reported as a derivative award (no cash paid). The sale is a disposition (S) while the RSUs are an award/grant (A).

Key Details

  • Transaction date: May 8, 2026. Filing date: May 12, 2026 (filed within the required filing window).
  • Sale: 15,000 shares sold, weighted-average price $116.51, total proceeds ≈ $1,747,650. Footnote states trades executed at prices ranging $116.48–$117.25; $116.51 is the weighted average.
  • Award: 1,280 RSUs granted at $0.00 (derivative), reported as an award. Footnote says RSUs vest 100% one year from grant date.
  • Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
  • Footnotes include trustee/disclaimer statements indicating certain holdings are in various trusts and that the reporting person disclaims beneficial interest in some trust-held shares.

Context

  • The sale was an open-market disposition (routine liquidity) and does not by itself signal insider conviction one way or the other. The RSU grant is a typical equity compensation/retention award and will vest in one year per the filing.
  • Multiple trustee/disclaimer footnotes indicate some holdings are held in trusts; these entries often reflect fiduciary roles rather than direct personal purchases or sales.