Form 4: Park Ohio Holdings Corp Executive Robert D. Vilsack Reports Stock Disposal
SEC Form 4 Filing
Robert D. Vilsack, Secretary & CLO of Park Ohio Holdings Corp, reported disposing of 2,426 shares of common stock on June 28, 2024, to cover tax obligations.
Summary
- On June 28, 2024, Robert D. Vilsack, Secretary & CLO of Park Ohio Holdings Corp, disposed of 2,426 shares of common stock.
- The transaction was executed at a price of $25.08 per share.
- Following the transaction, Vilsack directly owns 191,320 shares of Park Ohio Holdings Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company insider. It doesn't inherently indicate positive or negative sentiment, as it appears to be related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are disposed of to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small number of shares being disposed of by an individual officer.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of the stock disposal transaction |
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