Panda Alex Joseph 4
Research Summary
AI-generated summary
Core Molding (CMT) EVP Alex Panda Receives Stock Awards
What Happened
- Alex Panda, EVP, Treasurer, Secretary and CFO of Core Molding Technologies, received stock awards and vested performance shares. The Form 4 reports three acquisitions: 6,000 shares granted on Jan 12, 2026 (price $0.00), 6,154 shares granted on Mar 11, 2026 (price $0.00), and 441 shares acquired on Mar 11, 2026 at $19.15 per share (total value $8,445). The $0.00 entries are awards/grants; the 441-share entry reflects vested/settled performance shares.
Key Details
- Transaction dates and prices:
- 2026-01-12: Award of 6,000 shares @ $0.00 (grant)
- 2026-03-11: Award of 6,154 shares @ $0.00 (grant)
- 2026-03-11: Vest/settlement of 441 shares @ $19.15 (acquired; $8,445)
- Total shares reported received: 12,595
- Footnotes:
- F1: 441 shares were issued upon vesting and settlement of 2023 performance share awards on Mar 11, 2026.
- F2: The $19.15 price is the average market price on Mar 11, 2026; prices on that date ranged $18.30–$20.00.
- Shares owned after the transactions: not specified in the provided excerpt.
- Filing timeliness: Form filed Mar 13, 2026; no late-filing flag is indicated in the provided data.
Context
- These transactions are awards/vesting (compensation), not open-market purchases or sales — common for executives and typically reflect previously granted equity awards rather than a deliberate buy/sell decision. The small cash-equivalent value reported ($8.4k for the vested portion) reflects the vesting/settlement of performance shares on the vesting date.