Form 4: Park Ohio Holdings CEO Disposes of Shares for Tax Obligations, Maintains Significant Stake

Matthew V. Crawford, CEO, Chairman, and President of Park Ohio Holdings Corp., reported a disposition of 22,175 shares of common stock to cover tax withholding obligations, while retaining substantial direct and indirect beneficial ownership.

Summary

• Matthew V. Crawford, who serves as CEO, Chairman of the Board, President, Director, and a 10% owner of Park Ohio Holdings Corp. (PKOH), filed a Form 4.
• On June 2, 2025, Mr. Crawford disposed of 22,175 shares of PKOH Common Stock at a price of $18.3 per share.
• This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Mr. Crawford directly beneficially owns 872,535 shares of Common Stock.
• Additionally, he indirectly beneficially owns 2,098,176 shares through various entities, including Crawford Capital Enterprises, LLC (99,075 shares), Park Trust (300,000 shares), another Trust (546,000 shares), Crawford Capital Company (11,700 shares), First Francis Company, Inc. (41,401 shares), and a Limited Liability Company (1,100,000 shares).
• Mr. Crawford disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary insider transaction (disposition for tax withholding) and does not contain information that would significantly alter the company's financial outlook or operational status. Therefore, the sentiment is neutral.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects a standard disposition of shares to cover tax obligations related to equity compensation.

Related Party Transactions

• Matthew V. Crawford indirectly holds shares through various entities including Crawford Capital Enterprises, LLC, Park Trust, another Trust, Crawford Capital Company, First Francis Company, Inc., and a Limited Liability Company. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: The disposition of shares for tax purposes is a routine event and is unlikely to have a material impact on the company's share price or long-term value. It reflects a standard part of executive compensation.

Key Dates

Keywords

Park Ohio Holdings Corp, PKOH, Matthew V. Crawford, SEC Form 4, Insider Transaction, Beneficial Ownership, Common Stock, Tax Withholding, CEO, Director, 10% Owner