Form 4: Park-Ohio Holdings Director James W. Wert Sells 1,000 Shares

Sentiment:

SEC Form 4


Director James W. Wert of Park-Ohio Holdings Corp. sold 1,000 shares of common stock at a price of $27.02 on March 21, 2024.

Summary

  • On March 21, 2024, James W. Wert, a director of Park-Ohio Holdings Corp., sold 1,000 shares of the company's common stock.
  • The sale was executed at a price of $27.02 per share.
  • Following the transaction, Wert directly owns 84,190 shares of Park-Ohio Holdings Corp.
  • Wert also indirectly owns 5,500 shares through a family trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity, which is common and closely monitored by regulators and investors.

Stakeholder Impact

  • The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates

DateDescription
03/21/2024Date of transaction: James W. Wert sold 1,000 shares of PKOH.
03/22/2024Date of signature by Robert D. Vilsack, Attorney-In-Fact for James W. Wert.

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