NPK VP-Engineering Morgan Jeffery Alan Withholds 100 Shares for Taxes

What Happened
Morgan Jeffery Alan, VP-Engineering at National Presto Industries (NPK), had 100 shares disposed/withheld to satisfy a tax obligation tied to an equity award or option exercise. The withholding was executed on 2026-03-16 at $131.58 per share, for a total value of $13,158. This was not an open-market sale but a tax-withholding disposition.

Key Details

• Transaction date: 2026-03-16
• Price per share: $131.58; total value of withheld shares: $13,158
• Transaction code: F — payment of exercise price or tax liability (shares withheld/retired to cover taxes)
• Shares owned after transaction: not provided in the supplied data
• Filing: Report filed 2026-03-16 (same-day reporting in the provided record; no late-filing flag noted)

Context
Code F withholdings are routine administrative actions that occur when an insider exercises options or when restricted stock vests and shares are retained to cover required taxes. Because the shares were withheld to meet tax obligations rather than sold on the open market, this transaction is generally not considered a directional signal of the insider’s view on the company’s stock.