Form 4: Park-Ohio Holdings Corp VP & CFO Patrick W. Fogarty Reports Stock Disposal

Patrick W. Fogarty, VP & CFO of Park-Ohio Holdings Corp, reported disposing of 3,325 shares of common stock on June 19, 2024.

Summary

• On June 19, 2024, Patrick W. Fogarty, the VP & CFO of Park-Ohio Holdings Corp, disposed of 3,325 shares of common stock.
• The transaction was executed at a price of $25.19 per share.
• Following the transaction, Fogarty directly owns 139,116 shares of Park-Ohio Holdings Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock disposal. The sentiment is neither positive nor negative without additional context.

Industry Context

This is a routine disclosure of an insider transaction. It's important to monitor insider transactions as they can sometimes provide insights into management's view of the company's prospects, but single transactions are not necessarily indicative of a trend.

Stakeholder Impact

• The disposal of shares by a company executive could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares involved.

Key Dates