AULETTA PATRICK V 4
Research Summary
AI-generated summary
Park-Ohio (PKOH) Director Patrick V. Auletta Receives RSU Award
What Happened
- Patrick V. Auletta, a director of Park-Ohio Holdings Corp. (PKOH), received an award of 88 restricted stock units (RSUs) on May 15, 2026. The reported acquisition is recorded at $0.00 per unit (derivative award), representing a contingent right to receive shares rather than an open-market purchase or sale.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 18, 2026.
- Grant: 88 RSUs recorded as acquired at $0.00 (derivative award).
- Shares owned after the transaction: not specified in the filing.
- Footnotes from the filing:
- Each RSU represents a contingent right to one share (F1).
- These RSUs reflect additional units granted pursuant to dividend-equivalent provisions (F2).
- The RSUs are fully vested and will be settled in shares and delivered within 30 days after separation of service (F3).
- No sale or purchase of existing shares occurred; this was an equity award (code A).
Context
- RSU grants are a form of compensation/award and do not necessarily signal a purchase-based bullish bet by the insider. Because these RSUs are already vested, the award represents a right to future delivery of shares (subject to the separation-of-service timing noted), rather than an exercised option or market trade.