TIMKEN CO·4

Feb 18, 4:21 PM ET

Discenza Michael Anthony 4

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Timken (TKR) CFO Michael Discenza Receives 400-Share RSU Award

What Happened Michael Discenza, Chief Financial Officer of Timken Co. (TKR), had 400 restricted share units (RSUs) vest on February 13, 2026 (award code A). To cover tax withholding (code F), 108 shares were surrendered at a reported value of $107.15 per share (total ~$11,572). The filing shows 400 shares acquired and 108 shares disposed for tax purposes, implying a net increase of 292 shares.

Key Details

  • Transaction date: 2026-02-13.
  • Award: 400 shares acquired (A) at $0.00 per share.
  • Tax withholding: 108 shares disposed (F) at $107.15 per share for a total of $11,572.
  • Footnote: Represents vesting of 25% of time‑based RSUs granted on February 13, 2025 (F1).
  • Shares owned after the transaction: not specified in the filing.
  • Filing date: 2026-02-18 — appears to be filed after the standard two-business-day Form 4 window for the Feb 13 transactions.

Context This was a routine RSU vesting and tax-withholding event, not an open-market purchase or sale. Companies commonly withhold a portion of vested shares to cover taxes; the “F” code indicates shares were surrendered to satisfy tax obligations rather than sold on the open market. The filing’s later date may reflect a delayed submission but does not change the nature of the transaction.