TIMKEN CO·4

Feb 11, 4:15 PM ET

Lanzarotta Megan Renee 4

Research Summary

AI-generated summary

Updated

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.