TIMKEN WARD J JR 4
4 · TIMKEN CO · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Timken (TKR) Director Ward J. Timken Jr. Gifts 69,500 Shares
What Happened
Ward J. Timken Jr., a director of Timken Co. (TKR), reported a series of gift transactions on March 12–13, 2026 that moved a total of 69,500 shares (52,000 + 7,500 + 10,000). Each transfer is reported at $0.00 per share because these were gifts (no cash exchanged). The filings show matching "disposed" and "acquired" entries consistent with transfers among trusts, family entities, or between the reporting person and spouse for estate‑planning purposes.
Key Details
- Transaction dates: March 12–13, 2026. Form filed March 16, 2026 (appears timely).
- Transaction type/price: Gifts (code G); price reported $0.00 per share; total cash proceeds $0.
- Shares moved: 52,000; 7,500; and 10,000 (total 69,500).
- Shares owned after the transactions: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: Gifts made by the reporting person and spouse for estate‑planning.
- F2–F10: Transfers involve trusts, spouse, LLC and co‑trustee roles (e.g., Ward J. Timken Trust FBO grandchildren, irrevocable trusts, family LLC); F3 disclaims beneficial ownership in certain reported positions.
- Filing timeliness: Filed on 2026-03-16 for transactions dated 2026-03-12/13; this appears to meet the Form 4 filing window.
Context
Gifts are estate‑planning transfers and do not represent market purchases or sales, so they do not necessarily signal the insider’s view of the company’s prospects. Several footnotes indicate transfers among trusts, family members, and family entities; such transfers commonly change legal title or beneficial allocations without the insider receiving cash.
Insider Transaction Report
- Gift
Common Stock
[F1][F2]2026-03-12−52,000→ 273,866 total - Gift
Common Stock
[F3][F4]2026-03-12+52,000→ 52,000 total(indirect: By Spouse) - Gift
Common Stock
[F5]2026-03-12−7,500→ 266,366 total - Gift
Common Stock
[F3]2026-03-12+7,500→ 10,310 total(indirect: By Spouse) - Gift
Common Stock
[F6][F3]2026-03-13−10,000→ 310 total(indirect: By Spouse) - Gift
Common Stock
[F7]2026-03-13+10,000→ 10,000 total(indirect: By self as beneficiary)
- 200,000(indirect: By LLC)
Common Stock
[F8] - 125,000(indirect: By Trust)
Common Stock
- 53,000(indirect: By Trust)
Common Stock
[F9] - 6,000(indirect: By Trust)
Common Stock
[F3][F10]
Footnotes (10)
- [F1]All transactions described in this report on Form 4 represent gifts by the reporting person and the reporting person's spouse made for estate planning purposes.
- [F10]By self as Co-Trustee of the Ward J. Timken Trust FBO Grandchildren
- [F2]Represents gift of shares (also reported in the subsequent line) to the The Ward J Timken Jr Irrev Trust with the reporting person's spouse as a beneficiary.
- [F3]DISCLAIMER: Undersigned disclaims all beneficial ownership.
- [F4]By spouse as a beneficiary to the The Ward J Timken Jr Irrev Trust.
- [F5]Represents gift of shares to the reporting person's spouse (also reported in the subsequent line).
- [F6]Represents gift of shares by the reporting person's spouse (also reported in the subsequent line) to The Jane M Timken Irrev Trust with the reporting person as a beneficiary of that trust.
- [F7]By self as beneficiary of the The Jane M Timken Irrev Trust.
- [F8]By self as sole manager of the WJ Timken Jr Family, LLC. Members of the LLC include the reporting person, immediate family members and trusts for the benefit of immediate family members.
- [F9]By self as Co-Trustee and beneficiary of the Ward J. Timken Trust FBO Ward J. Timken, Jr.