TKR.NYSETimken CO

Form 4: Timken Co. Executive Christopher Coughlin Reports Stock Disposal for Tax Withholding

Sentiment:

SEC Form 4 Filing


Christopher Coughlin, an EVP at Timken Co., disposed of 3,428 shares of common stock on March 31, 2025, to cover tax obligations related to vested deferred shares.

Summary

  • On April 2, 2025, a Form 4 filing was submitted to the SEC by Christopher A. Coughlin, an Executive Vice President at Timken Co.
  • The filing reports a transaction that occurred on March 31, 2025, where 3,428 shares of Timken Co. common stock were disposed of at a price of $71.32 per share.
  • This disposal was related to the vesting of deferred shares granted on February 10, 2023, and was used to cover tax withholding obligations.
  • Following the transaction, Coughlin directly owns 99,620 shares of Timken Co. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/10/2023Date of deferred shares grant
03/31/2025Date of transaction (stock disposal) and vesting of deferred shares
04/02/2025Date of Form 4 filing

Keywords

Form 4, Timken Co, Christopher Coughlin, Stock Disposal, Tax Withholding, Deferred Shares, TKR

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