TIMKEN CO·4

Feb 10, 4:21 PM ET

Kyle Richard G 4

Research Summary

AI-generated summary

Updated

Timken (TKR) Director Kyle Richard G Sells Shares

What Happened

  • Director Kyle Richard G executed an open-market sale of 30,206 Timken (TKR) shares on Feb 6, 2026 for a weighted average price of $106.52, totaling about $3,217,543.
  • On Feb 8, 2026, 6,757 time‑based restricted stock units (RSUs) vested (reported as an award at $0 cost). To cover the tax liability from that vesting, 1,672 shares were withheld/disposed at a reported price of $104.33, generating $174,440.

Key Details

  • Transaction dates and prices:
    • Feb 6, 2026 — Open‑market sale (S): 30,206 shares @ weighted avg $106.52 (multiple trade prices ranged $106.19–$106.86 per footnote). Proceeds ≈ $3,217,543. (Footnote F1)
    • Feb 8, 2026 — Award/vesting (A): 6,757 RSUs vested (0 cash cost). (Footnote F2: this is 25% of the Feb 8, 2024 grant)
    • Feb 8, 2026 — Tax withholding (F): 1,672 shares withheld/disposed @ $104.33 = $174,440 to satisfy taxes.
  • Shares owned after the transactions: not specified in the provided filing details.
  • Footnotes of note:
    • F1: Sale executed in multiple trades; weighted average price reported; full trade-by-trade details available upon request to the SEC staff or issuer.
    • F2: The award represents the scheduled vesting (25%) of RSUs granted on Feb 8, 2024.
  • Filing timeliness: The Form 4 was filed Feb 10, 2026 — within the typical two business‑day window after the reported transactions (timely).

Context

  • The Feb 8 entries reflect routine RSU vesting and the common practice of withholding shares to cover taxes (tax‑withholding dispositions are not purchases). The Feb 6 open‑market sale appears separate from the subsequent RSU vesting.
  • For retail investors: purchases can be a stronger signal of insider conviction; routine sales and tax‑withholding related to vesting are common and do not by themselves prove a change in insider sentiment.