Form 4: Park-Ohio Holdings Corp Director Acquires Restricted Stock Units

Patrick V. Auletta, a director at Park-Ohio Holdings Corp, acquired 72 restricted stock units on November 29, 2024.

Summary

• Patrick V. Auletta, a director of Park-Ohio Holdings Corp, acquired 72 restricted stock units (RSUs) on November 29, 2024.
• These RSUs represent a contingent right to receive one share of Park-Ohio Holdings Corp common stock each.
• The RSUs are fully vested and will be settled in shares within 30 days after Mr. Auletta's separation of service.
• Following this transaction, Mr. Auletta directly owns 18,596 shares of Park-Ohio Holdings Corp.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of a director's stock acquisition, which is neither particularly positive nor negative. It is a neutral event.

Positives

• The acquisition of restricted stock units by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It is a routine disclosure and does not indicate any specific industry trend.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The acquisition of restricted stock units is a common form of compensation for directors and executives in many industries.
• The reporting requirements and timelines are consistent with SEC regulations.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.

Key Dates

Keywords

Restricted Stock Units, RSU, Director, Insider Trading, Beneficial Ownership, Park-Ohio Holdings Corp, PKOH