Patel Hansal N. 4

What Happened

• Hansal N. Patel, EVP, General Counsel and Secretary of Timken Co. (TKR), had 1,237 restricted stock units (RSUs) vest on Feb 13, 2026 (acquisition code A). The RSUs were awarded at $0 acquisition price (typical for vesting awards).
• To cover tax withholding related to the vesting, 552 shares were withheld at $107.15 per share (disposition code F), valued at approximately $59,147. After withholding, 685 shares were delivered to Patel.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (filed on the second business day after the transaction — timely).
• Award: 1,237 shares acquired at $0.00 (vesting of RSUs).
• Tax withholding: 552 shares withheld at $107.15/share, total value ≈ $59,147.
• Net issued to insider: 685 shares (1,237 vested minus 552 withheld).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The vesting represents 25% of the time‑based restricted share units granted on February 13, 2025 (per footnote F1).
• Transaction codes: A = Award/Grant (vesting); F = tax withholding (not an open-market sale).

Context

• This was a routine vesting of time‑based RSUs, not an active purchase or a market sale. Withholding shares to satisfy taxes is common and does not necessarily indicate a change in insider sentiment.
• For retail investors: purchases (insider buys) are often more informative than withholding events; this filing primarily documents compensation vesting and tax withholding.