Harrell Elizabeth Ann 4
Research Summary
AI-generated summary
Timken (TKR) Director Elizabeth Harrell Receives 2,270-Share Award
What Happened
Elizabeth Harrell, a director of Timken Co. (TKR), had 2,270 restricted shares (time-based RSUs) vest on May 2, 2026. The acquisition price is reported as $0.00 (award/vesting), and the filing shows the shares resulted from the vesting of RSUs granted May 2, 2025. The reporting person elected to defer receipt of the shares under the issuer’s director deferred compensation plan, so no open-market purchase or sale occurred.
Key Details
- Transaction date: May 2, 2026 (reported on Form 4 filed May 5, 2026).
- Transaction type/code: Award/vesting (A); 2,270 shares @ $0.00; total reported acquisition value $0.
- Footnotes: Vesting of 100% of time-based RSUs granted May 2, 2025; delivery deferred under the director deferred compensation plan; the 2,270 count includes 96 shares received via dividend reinvestment in 2025.
- Shares owned after transaction: Not specified in the available filing.
- Timeliness: Filing was submitted May 5, 2026 (within the standard Form 4 reporting window).
Context
This was an internal compensation event (RSU vesting), not a market purchase or sale. Vesting and deferral of director RSUs are routine governance/compensation actions and do not, by themselves, indicate a buy or sell signal.