Form 4: Balchem SVP Acquires Shares, Options

Balchem Corporation's SVP Chief Supply Chain Officer, Martin Luther Reid, reported the acquisition of restricted stock and performance units, alongside new stock options, and shares withheld for tax obligations.

Summary

• Martin Luther Reid, SVP Chief Supply Chain Officer of Balchem Corporation, reported several transactions.
• Acquired 940 shares of common stock as restricted stock on February 11, 2026, which vests over a three-year period (25% on the first anniversary, 25% on the second, and 50% on the third anniversary of the grant date).
• Acquired 2,359 shares of common stock on February 11, 2026, representing the vesting of performance stock units for the 2023-2025 performance period, including 39 dividend equivalent shares.
• 1,085 shares were withheld on February 11, 2026, at a price of $178.68 per share, to cover tax requirements upon the vesting of performance stock units.
• An additional 116 shares were withheld on February 12, 2026, at a price of $177.49 per share, to cover withholding taxes due upon the vesting of restricted shares granted on February 12, 2025.
• Acquired 3,400 stock options on February 11, 2026, with an exercise price of $178.68 and an expiration date of February 11, 2036, which vest over a three-year period (20% Year 1, 40% Year 2, and 40% Year 3).
• Following these transactions, direct beneficial ownership of common stock is 9,073 shares, and indirect ownership through a 401(k) Plan is 542 shares.
• Direct beneficial ownership of stock options is 3,400.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing routine executive compensation activities and tax-related share withholdings, which are standard practices and do not indicate a significant shift in company outlook or performance.

Positives

• Acquisition of 940 restricted shares, aligning management interests with shareholders through future vesting.
• Vesting of 2,359 performance stock units, reflecting the achievement of prior performance goals for the 2023-2025 period.
• Grant of 3,400 stock options, providing future incentive for value creation with an exercise price of $178.68.

Negatives

• 1,085 shares were withheld at $178.68 to cover tax obligations from the vesting of performance stock units.
• 116 shares were withheld at $177.49 to cover tax obligations from the vesting of restricted shares.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that these transactions represent routine executive compensation activities, including equity grants and vesting, which are common practices across industries to align management incentives with shareholder interests. This filing does not provide specific industry-wide insights beyond the company's compensation structure.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive equity ownership and compensation structure.
• Reporting Person (Martin Luther Reid): Increased equity stake and long-term incentive through restricted stock and stock options.

Next Steps

• Restricted stock (940 shares) will vest over a 3-year period (25% on first anniversary, 25% on second, 50% on third anniversary of grant date).
• Stock options (3,400 options) will vest over a 3-year period (20% Year 1, 40% Year 2, 40% Year 3).

Key Dates

Keywords

Balchem Corporation, BCPC, Form 4, insider transaction, restricted stock, performance stock units, stock options, executive compensation, equity grant, tax withholding