TIMKEN WARD J JR 4
Research Summary
AI-generated summary
TIMKEN Director Ward J. Timken Jr Receives Restricted Share Award
What Happened
- Ward J. Timken Jr, a director of Timken Co. (TKR), was granted 1,280 restricted share units (reported as an award/derivative) on May 8, 2026. The filing shows an acquisition price of $0 (typical for compensation grants). The RSUs are scheduled to vest 100% one year from the grant date.
Key Details
- Transaction type: Award/Grant of restricted share units (code A, derivative instrument).
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (appears to be within the standard reporting window).
- Quantity: 1,280 RSUs; acquisition price reported as $0.
- Vesting: 100% vests one year from date of grant (footnote F8).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: F1, F3–F7 reference holdings and roles through family LLCs and trusts (including manager/co‑trustee/beneficiary designations); F2 and F5 include disclaimers of beneficial ownership.
Context
- RSU grants are a common form of director compensation and do not represent immediately tradable shares until they vest and convert into stock. This award is neither a cash purchase nor a sale and should be viewed as compensation rather than a direct market signal.