4Filed Aug 16, 8:00 PM ET
Park Ohio (PKOH) Director Patrick V. Auletta Receives 59 RSU Award
$PKOH · PARK OHIO HOLDINGS CORPResearch Summary
AI-generated summary of this SEC filing
Park Ohio (PKOH) Director Patrick V. Auletta Receives 59 RSU Award
What Happened
- Patrick V. Auletta, a director of Park Ohio Holdings Corp. (PKOH), was granted 59 restricted stock units (RSUs) on August 14, 2026. The RSUs are recorded at $0.00 at grant (derivative award) and represent the contingent right to receive one share per RSU. This grant reflects additional RSUs issued pursuant to dividend-equivalent provisions and the units are fully vested.
Key Details
- Transaction date: 2026-08-14 (filed with the SEC on 2026-08-17).
- Transaction type: Award/Grant of RSUs (derivative), reported as 59 RSUs @ $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Each RSU converts to one share of common stock.
- F2: These RSUs were granted as dividend equivalents under the RSU agreement.
- F3: RSUs are fully vested and will be settled in shares and delivered within 30 days after the reporting person’s separation of service.
- Filing timeliness: filing date is listed (Aug 17, 2026); no late-filing indicator provided in the excerpt.
Context
- This was an equity award (compensation/dividend-equivalent RSUs), not an open-market purchase or sale. RSUs are a derivative right that will convert to actual shares later (here, upon separation of service), so they do not immediately increase tradable share count in the market. Such grants to directors are commonly part of compensation arrangements and do not by themselves indicate a buy/sell signal.