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

Director Patrick V. Auletta acquired 2,175 shares of common stock and 2,175 restricted stock units in Park-Ohio Holdings Corp on June 26, 2024.

Summary

• On June 26, 2024, Patrick V. Auletta, a director of Park-Ohio Holdings Corp, acquired 2,175 shares of common stock.
• The acquisition price for the common stock was $0.
• Following the transaction, Auletta directly owns 21,935 shares of Park-Ohio Holdings Corp.
• Auletta also acquired 2,175 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Park-Ohio Holdings Corp common stock.
• The RSUs are fully vested and will be settled in shares and delivered to Auletta within 30 days after separation of service.
• Following the transaction, Auletta directly owns 18,445 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports transactions.

Positives

• The acquisition of shares and RSUs by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The RSUs will be settled in shares and delivered to the Reporting Person within 30 days after separation of service.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership positions of company directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if interpreted as a sign of confidence from a company director.

Key Dates