CORE MOLDING TECHNOLOGIES INC·4

Mar 31, 5:30 PM ET

PALOMAKI ERIC 4

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CMT COO Eric Palomaki Withholds Shares for Taxes

What Happened Eric Palomaki, COO of CORE Molding Technologies, had 7,139 shares of restricted stock withheld on March 27, 2026 to satisfy tax-withholding obligations upon vesting. The withholding occurred in four tranches: 2,549 shares at $18.77 ($47,845), 807 shares at $18.77 ($15,147), 1,748 shares at $20.02 ($34,995), and 2,035 shares at $19.15 ($38,970), for an aggregate deemed disposition of about $136,957. These were withholding transactions (code F), not open-market sales.

Key Details

  • Transaction date: 2026-03-27; Form 4 filed 2026-03-31 (filed timely within the 2-business-day window).
  • Individual tranches: 2,549 @ $18.77 ($47,845); 807 @ $18.77 ($15,147); 1,748 @ $20.02 ($34,995); 2,035 @ $19.15 ($38,970).
  • Total shares withheld: 7,139; total value ≈ $136,957.
  • Footnote: Withheld shares were used to satisfy tax withholding on vested restricted stock. The deemed disposition is exempt under Rule 16b-3(e) (common, routine tax withholding).
  • Shares owned after the transaction: not specified in the provided filing.

Context This was a tax-withholding event tied to vesting of restricted stock (a routine administrative action), not a discretionary sale or purchase. Such withholdings are common and are treated as exempt transfers for Rule 16b-3 purposes, so they do not indicate a typical insider "sell" signal.