Form 4: Balchem Corp Executive Sells Shares to Cover Tax Obligations

Michael Brent Tignor, SVP & Chief HR Officer of Balchem Corp, disposed of 334 shares of common stock on February 10, 2025, to cover withholding taxes upon vesting of restricted shares.

Summary

• On February 10, 2025, Michael Brent Tignor, the SVP & Chief HR Officer of Balchem Corporation, disposed of 334 shares of common stock.
• The transaction was executed to cover withholding taxes due upon the vesting of restricted shares granted on February 10, 2022.
• The shares were sold at a price of $159.39 per share.
• Following the transaction, Tignor directly owns 6,782 shares of Balchem Corp common stock.
• Tignor also indirectly owns 1,307 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Sales to cover tax obligations upon vesting of restricted stock are common.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Form 4, Balchem Corp, BCPC, Insider Trading, Stock Sale, Executive Compensation, Michael Brent Tignor, Restricted Shares, Tax Withholding