PARK OHIO HOLDINGS CORP·4

Jun 9, 11:57 AM ET

FOGARTY PATRICK W 4

Research Summary

AI-generated summary

Updated

PARK OHIO (PKOH) CFO Patrick Fogarty Sells 4,896 Shares

What Happened

  • Patrick W. Fogarty, Vice President & Chief Financial Officer of Park Ohio Holdings Corp (PKOH), had 4,896 shares disposed on 2026-06-08 as payment related to an option exercise or tax liability. The shares were valued at $32.56 each for a total of $159,414. The Form 4 transaction is coded "F" (payment of exercise price or tax liability), indicating shares were withheld to satisfy obligations rather than an open-market sale.

Key Details

  • Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (filed promptly).
  • Price per share: $32.56; Shares disposed/withheld: 4,896; Total value: $159,414.
  • Transaction code: F — payment of exercise price or tax liability (share withholding).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing timeliness: appears timely (filed the next day), so no late-filing flag noted.

Context

  • This appears to be a routine tax/withholding action (often called "sell-to-cover" or share withholding) associated with exercising equity — not an active open-market sale expressing a trading view. Such transactions reduce outstanding holdings but are common when executives exercise options or when awards vest to satisfy tax obligations.