Form 4: Timken Co. Executive Reports Stock Transactions Following Vesting of Restricted Share Units

Hansal N. Patel, EVP, GC and Secretary of Timken Co., reports acquisition and disposal of common stock related to the vesting of restricted share units.

Summary

• On February 8, 2025, Hansal N. Patel acquired 1,187 shares of Timken Co. common stock upon the vesting of 25% of time-based restricted share units granted on February 8, 2024.
• On the same day, Patel disposed of 385 shares of common stock at a price of $81.15 to cover tax obligations.
• Following these transactions, Patel directly owns 21,409 shares of Timken Co. common stock.
• On February 9, 2025, Patel acquired 1,081 shares of Timken Co. common stock upon the vesting of 25% of time-based restricted share units granted on February 9, 2023.
• On the same day, Patel disposed of 385 shares of common stock at a price of $81.15 to cover tax obligations.
• Following these transactions, Patel directly owns 22,105 shares of Timken Co. common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and do not represent a significant change in ownership.

Key Dates

Keywords

Form 4, Timken Co, TKR, Hansal N. Patel, Stock Transactions, Restricted Share Units, Vesting, Beneficial Ownership