Form 4: PKOH Director John Grampa Receives 168 Restricted Stock Units
Insider Transaction Report
Park Ohio Holdings Corp. Director John D. Grampa reported the acquisition of 168 Restricted Stock Units, increasing his total beneficial ownership to 36,615 units.
Summary
- John D. Grampa, a Director of Park Ohio Holdings Corp. (PKOH), acquired 168 Restricted Stock Units (RSUs).
- The transaction date for this acquisition was February 20, 2026.
- Each RSU represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock.
- These additional RSUs were granted pursuant to dividend equivalent sections of existing Restricted Stock Unit Agreements.
- Following this transaction, John D. Grampa beneficially owns a total of 36,615 Restricted Stock Units.
- The RSUs are fully vested and will be settled in shares and delivered to the Reporting Person within 30 days after separation of service.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive event, as it represents a routine equity grant that aligns a director's interests with shareholders, without indicating any significant operational or financial changes.
Positives
- The grant of additional Restricted Stock Units to a director indicates continued alignment of management interests with shareholder interests.
- The RSUs are fully vested, providing a clear future benefit to the director upon separation of service.
Future Outlook
The acquired Restricted Stock Units are fully vested and will be settled in shares and delivered to the Reporting Person within 30 days after separation of service.
Industry Context
StockSavvy.ai notes that routine grants of Restricted Stock Units to directors are a common form of executive and director compensation across various industries. This practice aims to align the interests of company leadership with long-term shareholder value by tying a portion of their compensation to the company's stock performance and continued service.
Related Party Transactions
- The grant of Restricted Stock Units to John D. Grampa, a Director of Park Ohio Holdings Corp., constitutes a related party transaction as it involves compensation from the issuer to an insider.
Stakeholder Impact
- Shareholders: The grant of RSUs to a director can enhance alignment between management and shareholder interests, potentially encouraging long-term value creation.
- Employees: No direct impact mentioned for general employees.
Next Steps
- Settlement of the Restricted Stock Units in shares to the Reporting Person within 30 days after separation of service.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Date of earliest transaction (acquisition of 168 Restricted Stock Units) |
| 02/23/2026 | Signature date of the reporting person's attorney-in-fact |
Keywords
Park Ohio Holdings Corp, PKOH, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Grant, Form 4
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