AULETTA PATRICK V 4
Research Summary
AI-generated summary
Park‑Ohio (PKOH) Director Patrick Auletta Receives RSU Award
What Happened
- Patrick V. Auletta, a director of Park‑Ohio Holdings Corp. (PKOH), was granted two awards on May 29, 2026: 1,536 restricted stock units (RSUs) reported as non‑derivative and 1,536 RSUs reported as derivative — a total of 3,072 RSUs. Each was recorded at $0.00 (no cash paid). These RSUs represent a contingent right to receive one share of PKOH common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-05-29; filing date (accession): 2026-06-01.
- Grants: 1,536 RSUs (non‑derivative) + 1,536 RSUs (derivative) = 3,072 RSUs; price shown $0.00.
- Vesting: RSUs vest in one year on May 29, 2027. Per the filing, vested shares will be delivered to the reporting person within 30 days after separation of service.
- Shares owned after the transaction: not specified in the provided filing extract.
- No 10b5‑1 plan, tax‑withholding, or late‑filing flag was indicated in the provided information.
Context
- RSUs are compensation awards (not an open‑market purchase or sale). They confer the right to receive shares in the future if vesting conditions are met, so they are a potential future equity stake rather than an immediate transfer of shares or cash.
- Because the reported grant price is $0.00, the grant reflects compensation terms; the economic value to the insider will depend on PKOH’s stock price at vesting/settlement.