Park Ohio (PKOH) 10% Owner Matthew V. Crawford Sells 8,810 Shares
$PKOH · PARK OHIO HOLDINGS CORPResearch Summary
AI-generated summary of this SEC filing
Park Ohio (PKOH) 10% Owner Matthew V. Crawford Sells 8,810 Shares
What Happened
Matthew V. Crawford, a 10% owner of Park Ohio Holdings Corp (PKOH), disposed of 8,810 shares on 2026-08-06 in a transaction reported as "Payment of exercise price or tax liability" (code F). The shares were valued at $39.93 each for a total of approximately $351,783. This was a disposal to cover tax or exercise-related obligations, not an open-market sell intended as a cash-taking investment decision.
Key Details
- Transaction date: 2026-08-06
- Price per share: $39.93; Shares disposed: 8,810; Total value: ~$351,783
- Transaction code: F (payment of exercise price or tax liability / shares withheld or surrendered to cover taxes)
- Shares owned after transaction: Not specified in the provided filing excerpt; the filer disclaims beneficial ownership except to the extent of pecuniary interest (see footnotes).
- Footnotes: F1–F3 indicate the reporting person holds interests through entities (a corporation, LLC membership layers, and a trust) and disclaims direct beneficial ownership except for pecuniary interest.
- Filing timeliness: No late filing indicated in the provided data.
Context
Code F transactions typically reflect shares withheld or surrendered to satisfy tax withholding or to pay an exercise price after a prior option exercise or award—this is routine and does not necessarily signal a view on the company’s prospects. As a reported 10% owner, Crawford’s position reflects substantial institutional-level ownership and the footnotes show ownership through intermediary entities/trusts rather than direct beneficial ownership. For full details (total holdings, prior related transactions), consult the complete Form 4 filing.