GRAMPA JOHN D 4
Research Summary
AI-generated summary
Park Ohio (PKOH) Director John D. Grampa Receives RSU Award
What Happened
- John D. Grampa, a director of Park Ohio Holdings Corp. (PKOH), was granted 168 restricted stock units (RSUs) on February 20, 2026. The grant is reported as a derivative award at $0.00 per unit (transaction code A).
Key Details
- Transaction date: 2026-02-20 (Form 4 filed 2026-02-23; filing appears timely).
- Amount: 168 RSUs; reported price $0.00 (derivative award).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — each RSU converts to one share if/when settled; F2 — these RSUs reflect additional units credited under dividend-equivalent provisions; F3 — RSUs are fully vested and will be settled in shares and delivered within 30 days after the reporting person’s separation of service.
- Transaction type: Award/Grant (A); not a cash purchase or sale.
Context
- RSUs are a form of equity compensation that confer a contingent right to receive shares in the future (they are derivative awards, not an open-market purchase). Because settlement here is tied to separation of service, delivery of shares is conditional; the filing does not indicate an immediate sale or cashless exercise. This transaction is informational and does not by itself signal insider buying or selling intent.