Kyle Richard G 4
Research Summary
AI-generated summary
Timken (TKR) Director Kyle Richard G Receives Award, Sells Shares
What Happened
- Kyle Richard G, a director of Timken Co. (TKR), had 7,023 restricted share units (RSUs) vest on Feb 10, 2026 (transaction code A, acquisition at $0.00 per share).
- As tax withholding for the vesting, 2,792 shares were surrendered (transaction code F) at $109.23 per share, generating proceeds of $304,970 (reported as a disposition). The gross value of the vested 7,023 shares at $109.23 would be roughly $767,100 (approx.).
Key Details
- Transaction date: February 10, 2026 (filed on February 12, 2026); filing appears timely.
- Vesting: 7,023 RSUs vested (A — acquisition at $0.00).
- Tax withholding: 2,792 shares withheld at $109.23/share for $304,970 (F — tax withholding/disposition).
- Footnote: F1 = Represents vesting of 25% of the time-based RSUs granted on February 10, 2022.
- Shares owned after the transaction: Not specified in the filing.
Context
- This was a routine RSU vesting event, not an open-market purchase or sale. The F code indicates shares were surrendered solely to satisfy tax withholding, not an investment decision.
- Acquisition at $0.00 reflects issuance on vesting (typical for RSUs). Such withholding transactions are common and do not necessarily signal insider sentiment.