Lanzarotta Megan Renee 4
Research Summary
AI-generated summary
Timken (TKR) Corporate Controller Megan Lanzarotta Receives Award
What Happened
- Megan Renee Lanzarotta, Timken Co.'s Corporate Controller & CAO, had 45 restricted stock units (RSUs) vest on Feb 9, 2026. The filing reports those 45 shares as acquired (code A) at $0.00 because they were vesting of previously granted RSUs.
- As a tax withholding action (code F), 15 of the vested shares were surrendered at a per-share value of $107.40, yielding a disposition value of $1,611.
Key Details
- Insider: Megan Renee Lanzarotta — Corporate Controller & Chief Accounting Officer
- Transaction date: 2026-02-09; Form filed: 2026-02-11 (timely)
- Vesting/acquisition: 45 RSUs vested (reported as acquired at $0.00)
- Tax withholding/disposition: 15 shares withheld at $107.40 = $1,611
- Footnote: F1 — these 45 shares represent 25% of the time‑based RSUs granted on February 9, 2023
- Shares owned after the transaction: not disclosed in the filing
- Transaction codes: A = award/grant (vesting); F = tax withholding (surrendered shares)
Context
- This was a standard RSU vesting event with shares withheld to cover tax obligations — a routine administrative transaction rather than an open‑market sale or purchase. Such withholding transactions are common and do not necessarily indicate a change in insider sentiment.