Form 4: Park Ohio Holdings CEO Matthew Crawford Reports Share Transactions

Park Ohio Holdings CEO Matthew Crawford reported a disposition of 26,293 common shares and indirect ownership of over 2 million shares through various entities.

Summary

• Matthew V. Crawford, CEO, COB, and President of Park Ohio Holdings Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On December 4, 2024, Crawford disposed of 26,293 shares of common stock at a price of $0.
• Following this transaction, Crawford directly owns 894,710 shares.
• Crawford also has indirect ownership of 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).
• Crawford disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the ownership changes of key executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The level of detail provided in this filing is consistent with SEC requirements for reporting changes in beneficial ownership.
• Similar filings are made by executives at companies like TimkenSteel (TMST) and Carpenter Technology (CRS), which are also in the industrial manufacturing sector.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the ownership changes of a key executive.
• The filing is a routine disclosure and is not expected to have a significant impact on other stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Park Ohio Holdings, Matthew Crawford, Stock Transaction, SEC Filing, Share Disposal, Indirect Ownership