Form 4: Park-Ohio Holdings CFO Sells Shares in Multiple Transactions

Park-Ohio Holdings CFO, Patrick W. Fogarty, sold a total of 21 shares of common stock in two separate transactions.

Summary

• Patrick W. Fogarty, the VP & CFO of Park-Ohio Holdings Corp, sold 10 shares of common stock on December 6, 2024, at a price of $31.50 per share.
• He then sold an additional 11 shares of common stock on December 9, 2024, at a price of $32.1786 per share.
• These transactions were reported in a Form 4 filing on December 10, 2024.

Sentiment

Score: 5

Explanation: The document reports routine insider trading activity, which is neither particularly positive nor negative. The volume of shares sold is small.

Industry Context

Insider trading activity is a common occurrence and is closely monitored by regulators and investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• It is common for executives to sell shares for personal financial management, and these transactions are typically disclosed through Form 4 filings.
• The volume of shares sold is relatively small, suggesting it may not be a significant indicator of the company's performance or outlook.

Stakeholder Impact

• The stock sales by the CFO may be of interest to shareholders, but the small volume of shares sold is unlikely to have a significant impact on the stock price.

Key Dates

Keywords

Park-Ohio Holdings, PKOH, CFO, Patrick W. Fogarty, stock sale, Form 4, insider trading