Form 4: Park Ohio Holdings CEO Matthew Crawford Reports Stock Transaction

Matthew Crawford, CEO, COB, and President of Park Ohio Holdings, reports the disposition of 16,261 shares of common stock to cover tax obligations.

Summary

• On June 21, 2024, Matthew V. Crawford, CEO, COB, and President of Park Ohio Holdings Corp, reported a transaction involving the company's common stock.
• Crawford disposed of 16,261 shares of common stock at a price of $25.19 per share.
• This transaction was executed to cover tax obligations.
• Following the transaction, Crawford directly owns 853,643 shares.
• Crawford also indirectly owns shares through various entities: 300,000 by Park Trust, 546,000 by Trust, 11,700 by Crawford Capital Company, 41,401 by First Francis Company, Inc., and 1,100,000 by a Limited Liability Company.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an executive. The transaction appears to be for tax purposes, which is a normal activity.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.

Key Dates