Patel Hansal N. 4

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.