Patel Hansal N. 4
4 · TIMKEN CO · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Timken (TKR) EVP Hansal Patel Sells Shares After RSU Vesting
What Happened
Hansal N. Patel, EVP, General Counsel and Secretary of Timken Co. (TKR), had 1,188 time‑based restricted share units (RSUs) vest on Feb 8, 2026 (reported as an award/acquisition). To cover withholding, 415 shares were surrendered/withheld at $104.33 for tax purposes (value reported: $43,297). On Feb 9, 2026 he sold 2,500 shares in the open market at a weighted average price of $108.01 for proceeds of approximately $270,025.
Key Details
- Transaction dates: RSU vesting and tax withholding on 2026-02-08; open‑market sale on 2026-02-09. Filing date: 2026-02-10 (timely).
- Award/acquisition: 1,188 RSUs vested (reported at $0.00 acquisition price).
- Tax withholding: 415 shares withheld at $104.33 → $43,297. (Code F = tax withholding/payment of exercise price or tax liability.)
- Sale: 2,500 shares sold (Code S) at weighted avg $108.01 → ~$270,025. Reported sale execution ranged $108.00–$108.03 (see footnote).
- Shares owned after transaction: not specified in the provided summary; refer to the full Form 4 for post‑transaction holdings.
- Footnotes: F1 notes these were 25% of RSUs granted Feb 8, 2024; F2 notes the sale occurred in multiple trades and the $108.01 is a weighted average (full trade details available on request).
Context
This pattern—RSU vesting, shares withheld to cover taxes, and a subsequent market sale—is a common, routine way executives satisfy tax obligations and monetize vested awards. Such transactions are administrative in nature; they do not by themselves indicate management sentiment about the company. Purchases typically carry more informational weight than routine vesting-related sales.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-08+1,188→ 23,750 total - Tax Payment
Common Stock
2026-02-08$104.33/sh−415$43,297→ 23,335 total - Sale
Common Stock
[F2]2026-02-09$108.01/sh−2,500$270,025→ 20,835 total
Footnotes (2)
- [F1]Represents vesting of 25% of the time-based restricted share units granted on February 8, 2024.
- [F2]This transaction was executed in multiple trades at prices ranging from $108.00 to $108.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.