Form 4: John D. Grampa Reports Acquisition of Restricted Stock Units in Park-Ohio Holdings Corp.
SEC Form 4 Filing
Director John D. Grampa reports the acquisition of 187 Restricted Stock Units (RSUs) in Park-Ohio Holdings Corp. on February 21, 2025.
Summary
- On February 21, 2025, John D. Grampa, a director of Park-Ohio Holdings Corp., acquired 187 Restricted Stock Units (RSUs).
- Each RSU represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock.
- The RSUs are fully vested and will be settled in shares and delivered to the reporting person within 30 days after separation of service.
- Following the transaction, Grampa directly owns 35,776 shares of Park-Ohio Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The RSUs will be settled in shares and delivered to the reporting person within 30 days after separation of service.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of the transaction where John D. Grampa acquired Restricted Stock Units. |
| 02/24/2025 | Date of the signature on the Form 4 filing. |
Keywords
Form 4, Park-Ohio Holdings Corp, PKOH, Restricted Stock Units, RSUs, Director, John D. Grampa, Beneficial Ownership, Acquisition
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