Form 4: Park Ohio Holdings CEO Matthew Crawford Reports Gift of Shares

Sentiment:

SEC Form 4 Filing


Matthew Crawford, CEO, COB, and President of Park Ohio Holdings Corp, reported a gift of 58,978 common stock shares on August 28, 2024.

Summary

  • On August 28, 2024, Matthew V. Crawford, the CEO, COB, and President of Park Ohio Holdings Corp, reported a transaction involving the company's common stock.
  • The transaction involved a gift of 58,978 shares of common stock.
  • Following the transaction, Crawford directly owns 921,003 shares.
  • Crawford also indirectly owns shares through various entities, including Crawford Capital Enterprises, LLC (99,075 shares), Park Trust (300,000 shares), a 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).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and expected. Investors often monitor these filings for signals about management's confidence in the company.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant direct impact on stakeholders.
  • However, transparency in insider transactions is important for maintaining investor confidence.

Key Dates

DateDescription
08/28/2024Date of the gift transaction of common stock.
08/29/2024Date of signature by Attorney-In-Fact for Matthew V. Crawford.

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