PARK OHIO HOLDINGS CORP·4

Jun 9, 11:57 AM ET

VILSACK ROBERT D 4

Research Summary

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Updated

Park Ohio (PKOH) Secretary Robert Vilsack Sells 4,952 Shares to Cover Taxes

What Happened

  • Robert D. Vilsack, Secretary and Chief Legal Officer of Park Ohio Holdings Corp (PKOH), disposed of 4,952 shares on June 8, 2026. The shares were reported at $32.56 each, for a total value of approximately $161,237.
  • The transaction is coded "F" on the Form 4, indicating the shares were surrendered to pay an exercise price or tax withholding — a common administrative step when options are exercised or restricted stock units vest. This is not an open-market sale and does not necessarily signal a change in the insider’s view of the stock.

Key Details

  • Transaction date: 2026-06-08; filing date: 2026-06-09 (Form 4 Accession: 0001628280-26-041810).
  • Price per share: $32.56; shares disposed: 4,952; proceeds/covered amount: ~$161,237.
  • Transaction code: F — payment of exercise price or tax liability (tax-withholding by surrendering shares).
  • Shares owned after the transaction: not specified in the excerpt provided; see the full Form 4 for post-transaction holdings.
  • No note in the provided data that the filing was late.

Context

  • Tax-withholding disposals (code F) are routine when equity awards vest or options are exercised; the company or broker retains shares to satisfy tax obligations rather than the insider selling shares on the open market.
  • Such transactions are generally administrative and should be interpreted differently from open-market sales (code S), which more directly reflect an insider converting shares to cash. Always check the full Form 4 for related option/award details and total holdings.