Form 4: Park Ohio CFO Patrick Fogarty Increases Stake with 25,000 Share Acquisition
Insider Transaction Report
Park Ohio Holdings Corp.'s VP & CFO, Patrick W. Fogarty, acquired 25,000 shares of common stock, increasing his direct beneficial ownership to 164,698 shares.
Summary
- Patrick W. Fogarty, the Vice President and Chief Financial Officer of Park Ohio Holdings Corp. (PKOH), acquired 25,000 shares of the company's common stock.
- The transaction occurred on July 31, 2025, and the shares were acquired at a price of $0 per share, indicating a stock grant or award rather than a market purchase.
- Following this acquisition, Mr. Fogarty's direct beneficial ownership in Park Ohio Holdings Corp. increased to a total of 164,698 shares of common stock.
Sentiment
Score: 6
Explanation: The acquisition of shares by a key executive, even if a grant, is generally a neutral to slightly positive signal as it increases insider alignment with shareholder interests. The $0 price indicates it's not a market purchase, which would typically carry a stronger positive sentiment.
Positives
- The acquisition of 25,000 shares by a key executive like the VP & CFO demonstrates continued alignment of management's interests with those of shareholders.
- An increase in insider ownership can signal confidence in the company's future prospects.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a standard insider transaction report and does not provide broader industry context or trends.
Related Party Transactions
- The acquisition of common stock by Patrick W. Fogarty, a VP & CFO of Park Ohio Holdings Corp., is a related party transaction as it involves a key executive and the company's securities.
Stakeholder Impact
- Shareholders: Increased insider ownership may be viewed positively as it aligns management's financial interests with those of shareholders, potentially fostering long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 07/31/2025 | Date of common stock acquisition by Patrick W. Fogarty. |
| 08/01/2025 | Date the Form 4 filing was signed. |
Keywords
Park Ohio Holdings Corp., PKOH, Patrick W. Fogarty, Insider Trading, SEC Form 4, Stock Acquisition, Beneficial Ownership, CFO, Common Stock
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