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

Sentiment:

SEC Form 4 Filing


Director James W. Wert of Park-Ohio Holdings Corp. reported selling shares of common stock in a series of transactions on March 19 and 20, 2024.

Summary

  • James W. Wert, a director of Park-Ohio Holdings Corp., filed a Form 4 detailing changes in beneficial ownership.
  • On March 19, 2024, Wert sold 1,000 shares of common stock at a price of $26 per share.
  • On March 20, 2024, Wert sold an additional 1,000 shares at $26.0067, 1,000 shares at $26.0283 and 2,000 shares at $25.972 per share.
  • Following these transactions, Wert directly owns 85,190 shares of Park-Ohio Holdings Corp. common stock.
  • Wert also indirectly owns 5,500 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Negatives

  • Director James W. Wert sold a total of 5,000 shares of Park-Ohio Holdings Corp. common stock on March 19 and 20, 2024.

Stakeholder Impact

  • Shareholders may react to the director's stock sale, potentially influencing the stock price.

Key Dates

DateDescription
03/19/2024Wert sold 1,000 shares of common stock at $26 per share.
03/20/2024Wert sold 1,000 shares at $26.0067, 1,000 shares at $26.0283 and 2,000 shares at $25.972 per share.
03/20/2024Date of signature for the Form 4 filing.

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