Form 4: Timken Co. EVP & CFO Philip D. Fracassa Reports Stock Transactions

Philip D. Fracassa, EVP & CFO of Timken Co., reports the sale and acquisition of common stock, including vesting of restricted share units.

Summary

• Philip D. Fracassa, the EVP & CFO of Timken Co., filed a Form 4 detailing changes in beneficial ownership.
• On February 7, 2025, Fracassa sold 5,000 shares of common stock at a weighted average price of $81.5.
• On February 8, 2025, 2,025 time-based restrictive share units vested, and 564 shares were disposed of at $81.15.
• On February 9, 2025, 1,869 time-based restrictive share units vested, and 597 shares were disposed of at $81.15.
• Following these transactions, Fracassa beneficially owns 93,274 shares of Timken Co. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Timken Co, Fracassa, TKR