Ascent Industries officer sells 19 shares for taxes
Ascent Industries Co. General Counsel reports small share sale to cover taxes.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Ascent Industries Co. General Counsel reports small share sale to cover taxes. General Counsel Kimberly Portnoy reported the disposition of 19 shares of Ascent Industries Co. common stock on 01/05/2026 at a price of $16.16 per share. After this transaction, she directly owned 3,160 shares of common stock. According to the footnote, the 19 shares were sold in a routine "sell-to-cover" transaction to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs) and performance stock units (PSUs).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 19 | $16.16 | $307.04 |
Footnotes (1)
- F1. Represents the number of shares required to be sold by the Reporting Person in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting of RSUs and PSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ascent Industries Co. (ACNT) report?
Ascent Industries Co. reported that General Counsel Kimberly Portnoy disposed of 19 shares of common stock on 01/05/2026 at $16.16 per share.
What is Kimberly Portnoy’s role at Ascent Industries Co. (ACNT)?
Kimberly Portnoy is an officer of Ascent Industries Co., serving as General Counsel, as indicated in the filing.
Is the Ascent Industries (ACNT) insider transaction a direct or indirect holding?
The filing identifies the ownership of the reported shares as direct (D) for Kimberly Portnoy.
AI-generated analysis. How Rhea-AI works. Not financial advice.