Panda Alex Joseph 4
4 · CORE MOLDING TECHNOLOGIES INC · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
CORE Molding (CMT) EVP Alex Panda Withholds Shares for Taxes
What Happened
Alex Joseph Panda — EVP, Treasurer, Secretary and CFO of CORE Molding Technologies, Inc. (CMT) — had restricted shares withheld to satisfy tax-withholding obligations upon vesting on March 27, 2026. The filing reports four withholding transactions: 501 shares @ $18.77 ($9,404); 159 shares @ $18.77 ($2,984); 344 shares @ $20.02 ($6,887); and 703 shares @ $19.15 ($13,462). Total withheld: 1,707 shares for aggregate value of $32,737. These were withheld to cover taxes (dispositions coded “F”), not open-market sales.
Key Details
- Transaction date: 2026-03-27. Form 4 filed: 2026-03-31 (appears timely within the Form 4 reporting window).
- Per-share prices and amounts: 501 @ $18.77 = $9,404; 159 @ $18.77 = $2,984; 344 @ $20.02 = $6,887; 703 @ $19.15 = $13,462.
- Total shares withheld: 1,707; total value: $32,737.
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Footnote: Withholding is to satisfy tax obligations upon vesting; the deemed disposition of withheld shares is exempt under Rule 16b-3(e) (routine tax withholding).
Context
This was a routine tax-withholding event tied to restricted stock vesting, not a market sale or a purchase. Such withholdings are common and are treated as exempt dispositions under Section 16 rules; they generally do not signal insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-27$18.77/sh−501$9,404→ 45,521 total - Tax Payment
Common Stock
[F1]2026-03-27$18.77/sh−159$2,984→ 45,362 total - Tax Payment
Common Stock
[F1]2026-03-27$20.02/sh−344$6,887→ 45,018 total - Tax Payment
Common Stock
[F1]2026-03-27$19.15/sh−703$13,462→ 44,315 total
Footnotes (1)
- [F1]Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).