Form 4: Park Ohio Holdings Corp. Officer Disposes of Shares for Tax Obligations
Insider Stock Transaction
Robert D. Vilsack, Secretary & CLO of Park Ohio Holdings Corp., disposed of 3,363 shares of common stock to cover tax withholding obligations at a price of $17.24 per share.
Summary
- Robert D. Vilsack, the Secretary & CLO of Park Ohio Holdings Corp. (PKOH), reported a transaction on June 17, 2025.
- The transaction involved the disposition of 3,363 shares of Common Stock.
- The shares were disposed of at a price of $17.24 per share.
- This disposition was made to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Mr. Vilsack beneficially owns 179,449 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The document reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment and does not indicate positive or negative company performance or outlook.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction related to tax withholding obligations, which is a common occurrence for executives receiving equity compensation and does not directly reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The transaction represents a minor, non-discretionary reduction in insider ownership, which is generally not considered material for investment decisions.
Key Dates
| Date | Description |
|---|---|
| 06/17/2025 | Date of earliest transaction reported, involving the disposition of shares. |
| 06/18/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Park Ohio Holdings Corp, PKOH, Form 4, Insider Transaction, Robert D. Vilsack, Stock Disposition, Tax Withholding, Officer
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