Form 4: Park Ohio Holdings Corp. Secretary & CLO Reports Routine Share Disposition for Tax Purposes

Robert D. Vilsack, Secretary and Chief Legal Officer of Park Ohio Holdings Corp., reported the disposition of 4,952 shares of common stock to satisfy tax withholding obligations.

Summary

• Robert D. Vilsack, the Secretary and Chief Legal Officer of Park Ohio Holdings Corp. (PKOH), filed a Form 4 reporting a transaction involving the company's common stock.
• On June 2, 2025, Mr. Vilsack disposed of 4,952 shares of Park Ohio Holdings Corp. Common Stock.
• The shares were disposed of at a price of $18.3 per share.
• The transaction code 'F' indicates that these shares were disposed of to the issuer to satisfy tax withholding obligations, typically associated with the vesting of equity awards.
• Following this reported transaction, Mr. Vilsack directly beneficially owns 182,812 shares of Park Ohio Holdings Corp. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition for tax purposes (Code F), which is a neutral event. It does not indicate a change in management's confidence or a strategic shift, but rather a standard administrative action related to equity compensation.

Positives

• The transaction is a disposition for tax withholding purposes (Code F), which is a common and expected event following the vesting of equity awards, rather than an open-market sale that might signal a lack of confidence.

Negatives

• The transaction results in a slight reduction of direct beneficial ownership by a key executive, though for a routine administrative reason.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but for a routine tax purpose, so minimal impact on perception of management alignment.

Key Dates

Keywords

Park Ohio Holdings Corp, PKOH, SEC Form 4, insider transaction, share disposition, Robert D. Vilsack, tax withholding, common stock, corporate officer