Form 4: Balchem VP Sells Shares for Tax Withholding

Balchem's VP & Chief Accounting Officer, William A. Backus, disposed of 322 shares of common stock to cover tax liabilities upon restricted stock vesting.

Summary

• William A. Backus, Balchem Corporation's VP & Chief Accounting Officer, disposed of 322 shares of common stock.
• The transaction occurred on February 8, 2026, at a price of $173.16 per share.
• These shares were withheld to cover tax liabilities due upon the vesting of restricted shares that were originally granted on February 8, 2023.
• Following this transaction, Mr. Backus directly beneficially owns 5,517 shares of common stock.
• Additionally, Mr. Backus indirectly beneficially owns 283 shares of common stock through a 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard, non-discretionary transaction for tax compliance related to executive compensation, with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon vesting of restricted stock, are common and generally reflect a pre-planned, non-discretionary event for executive compensation and tax compliance rather than a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax compliance, not a discretionary sale indicating a change in sentiment.

Key Dates

Keywords

Balchem Corporation, BCPC, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation