Form 4: Park Ohio Holdings Director James W. Wert Sells Shares

Director James W. Wert of Park Ohio Holdings Corp sold 3,000 shares of common stock in two transactions on December 5, 2024.

Summary

• James W. Wert, a director at Park Ohio Holdings Corp, sold a total of 3,000 shares of common stock on December 5, 2024.
• The shares were sold in two separate transactions, each involving 1,500 shares.
• One transaction was at a price of $32.029 per share, and the other was at $31.5526 per share.
• Following these transactions, Mr. Wert directly owns 84,540 shares and indirectly owns 4,000 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity. It doesn't indicate positive or negative sentiment, just a factual record of transactions.

Industry Context

This is a routine SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions are typical for directors who may sell shares for personal financial management or diversification purposes.
• The sale of 3,000 shares is not unusual for a director of a company of this size.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on investor sentiment, but is generally considered a normal part of market activity.

Key Dates

Keywords

Park Ohio Holdings Corp, James W. Wert, stock sale, director, insider trading, PKOH