TIMKEN WARD J JR 4

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.