Form 4: Park Ohio CFO Disposes of Shares for Tax Obligations

Patrick W. Fogarty, VP & CFO of Park Ohio Holdings Corp., disposed of 3,251 shares of common stock at $17.88 per share to cover tax withholding obligations.

Summary

• Patrick W. Fogarty, the Vice President and Chief Financial Officer of PARK OHIO HOLDINGS CORP (PKOH), reported a transaction involving the company's common stock.
• The transaction, dated July 7, 2025, involved the disposition of 3,251 shares of common stock.
• The shares were disposed of at a price of $17.88 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Patrick W. Fogarty beneficially owns 139,698 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations, which is a common practice for executives receiving equity compensation and does not indicate a change in company fundamentals or management's view of the company.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, which is a common occurrence for tax withholding purposes related to equity compensation and is generally not viewed as a significant change in investment thesis.

Key Dates

Recommendation

Keywords

PKOH, Park Ohio Holdings Corp, Form 4, insider transaction, stock disposition, tax withholding, Patrick W. Fogarty, CFO