PARK OHIO (PKOH) Secretary Robert Vilsack Withholds 3,712 Shares
$PKOH · PARK OHIO HOLDINGS CORPResearch Summary
AI-generated summary of this SEC filing
PARK OHIO (PKOH) Secretary Robert Vilsack Withholds 3,712 Shares
What happened
Robert D. Vilsack, Secretary and Chief Legal Officer of Park Ohio Holdings Corp (PKOH), had 3,712 shares withheld/used to satisfy a tax obligation on August 6, 2026. The filing reports a per-share value of $39.93, for a total value of $148,220. The transaction is recorded as a disposition tied to payment of exercise price or tax liability (code F).
Key details
- Transaction date: 2026-08-06
- Price per share: $39.93; total value: $148,220
- Transaction code: F — payment of exercise price or tax liability via delivery/withholding of securities
- Nature: shares were withheld/used to cover taxes (a disposition), not an open-market sale
- Shares owned after transaction: not specified in the provided filing
- Filing timeliness: reported on 2026-08-06 (same day), indicating a timely filing
Context
Withholding shares to cover taxes is a routine administrative step following an option exercise or restricted share vesting; it does not necessarily signal a personal decision to sell stock on the open market. For retail investors, purchases typically carry more weight as bullish signals; tax-withholding dispositions are common and generally neutral in terms of insider sentiment.