Form 4: PARK OHIO HOLDINGS CORP CEO Matthew Crawford Reports Routine Stock Disposition for Tax Purposes

Matthew V. Crawford, CEO, COB, and President of Park Ohio Holdings Corp., reported the disposition of 16,261 shares of common stock at $17.24 per share to cover tax liabilities, effective June 18, 2025, under a Rule 10b5-1 plan.

Summary

• Matthew V. Crawford, who serves as Director, 10% Owner, CEO, COB, and President of Park Ohio Holdings Corp. (PKOH), filed a Form 4 statement.
• The filing reports a disposition of 16,261 shares of PKOH common stock.
• The transaction date is listed as June 18, 2025, with shares disposed of at a price of $17.24 per share.
• The transaction code 'F' indicates that the shares were disposed of to satisfy tax withholding obligations incident to the receipt, exercise, or vesting of a security.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Mr. Crawford directly beneficially owns 856,274 shares of common stock.
• He also indirectly beneficially owns a total of 2,000,176 shares through various entities: 99,075 shares via Crawford Capital Enterprises, LLC; 300,000 shares via Park Trust; 546,000 shares via Trust; 11,700 shares via Crawford Capital Company; 41,401 shares via First Francis Company, Inc.; and 1,100,000 shares via another Limited Liability Company.
• Mr. Crawford disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares by the CEO to cover tax liabilities, which is a common and expected event for executives with equity compensation and does not reflect a change in company fundamentals or outlook.

Positives

• The transaction is a routine disposition of shares to cover tax liabilities, indicating compliance with equity compensation tax obligations.
• The CEO retains a substantial direct and indirect beneficial ownership in the company (over 2.8 million shares combined), demonstrating continued alignment with shareholder interests.

Negatives

• The disposition of 16,261 shares, while for tax purposes, represents a reduction in the CEO's direct holdings.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing, as it pertains solely to insider stock ownership changes.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The filing indicates Matthew V. Crawford, as CEO, COB, and President, is fulfilling tax obligations related to his equity compensation through a pre-planned transaction.

Industry Context

This Form 4 filing is specific to an insider transaction at Park Ohio Holdings Corp. and does not provide information related to broader industry trends or competitor activities.

Comparison to Industry Standards

• This Form 4 filing, detailing an insider stock transaction, does not provide information suitable for comparison to industry-wide financial or operational benchmarks.

Management Changes

Corporate Governance

Legal Proceedings

• No litigation or regulatory matters are disclosed in this Form 4 filing.

Related Party Transactions

• The filing discloses indirect beneficial ownership through entities such as Crawford Capital Enterprises, LLC, Park Trust, Crawford Capital Company, First Francis Company, Inc., and another Limited Liability Company, where the reporting person disclaims beneficial ownership except for pecuniary interest.

Stakeholder Impact

• The disposition of shares for tax purposes by the CEO is a routine event and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.

Next Steps

• No specific future actions, events, or milestones are detailed in this Form 4 filing.

Key Dates

Recommendation

Keywords

PARK OHIO HOLDINGS CORP, PKOH, Form 4, Insider Transaction, Stock Disposition, Matthew V. Crawford, CEO, Beneficial Ownership, Tax Withholding, Equity Compensation, Rule 10b5-1