Esch Robert James 4

What Happened

• Esch Robert James (President & CTO, Machined Products) was granted 6,600 restricted shares on June 8, 2026. The Form 4 reports acquisition code A (award/grant) at a reported price of $0.00 (no cash paid at grant).

Key Details

• Transaction date: 2026-06-08; Form 4 filed 2026-06-10 (timely filing).
• Reported transaction: Award/Grant (code A) of 6,600 shares at $0.00.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: The shares are restricted stock that vest in three equal annual installments beginning June 8, 2027 (see footnote F1).
• No 10b5-1 plan, tax withholding, or sale reported in this transaction.

Context

• This was a compensation award (restricted stock), not an open-market purchase or sale; restricted shares generally vest over time and are not immediately liquid.
• Such grants are common as incentive compensation and do not by themselves signal immediate insider buying or selling intent.