Ascent Industries (NASDAQ: ACNT) VP granted 5,028 shares, uses 1,733 for taxes

Rhea-AI Filing Summary

ASCENT INDUSTRIES CO. vice president of sales and business development Anthony X. Pan reported equity compensation and related tax withholding in company stock.

On March 26, he acquired 5,028 shares of common stock at $12.84 per share as a grant. Footnotes explain that performance stock units vested at 109% of the target award based on adjusted EBITDA performance.

On March 27, 1,733 shares at $12.85 per share were disposed of to cover tax withholding obligations, a non‑market transaction. After these entries, he held 23,946 shares directly, plus indirect holdings of 2,693 shares held by his spouse and 550 shares held by his mother.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Pan Anthony X

Role Insider

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,733	$12.85	$22K
Grant/Award	Common Stock	5,028	$12.84	$65K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 23,946 shares (Direct); Common Stock — 550 shares (Indirect, By Mother)

Footnotes (1)

1. Performance stock units vested at 109% of the target award amount upon the Issuer's achievement of certain performance criteria based on adjusted EBITDA during the performance period Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations

Key Figures

Stock grant: 5,028 shares at $12.84 Tax withholding shares: 1,733 shares at $12.85 Direct holdings after transactions: 23,946 shares +3 more

6 metrics

Stock grant 5,028 shares at $12.84 Common stock award on March 26, 2026

Tax withholding shares 1,733 shares at $12.85 Shares disposed March 27, 2026 to cover taxes

Direct holdings after transactions 23,946 shares Common stock directly owned following Form 4 events

Indirect holdings by spouse 2,693 shares Common stock held indirectly by spouse

Indirect holdings by mother 550 shares Common stock held indirectly by mother

PSU vesting factor 109% Performance stock units vested vs target based on adjusted EBITDA

Key Terms

performance stock units, adjusted EBITDA, tax withholding obligations, grant, award, or other acquisition, +1 more

5 terms

performance stock units financial

"Performance stock units vested at 109% of the target award amount"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

adjusted EBITDA financial

"based on adjusted EBITDA during the performance period"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

tax withholding obligations financial

"required to be sold by the Reporting Person to cover tax withholding obligations"

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Payment of exercise price or tax liability by delivering securities financial

"transaction code description: Payment of exercise price or tax liability by delivering securities"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pan Anthony X

(Last) (First) (Middle)

11622 ASTER LANE

(Street)

WOODBURY MINNESOTA 55129

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ASCENT INDUSTRIES CO. [ ACNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			VP, Sales & Bus. Development

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/26/2026		A		5,028(1)	A	$12.84	25,679	D
Common Stock	03/27/2026		F		1,733(2)	D	$12.85	23,946	D
Common Stock								550	I	By Mother
Common Stock								2,693	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Performance stock units vested at 109% of the target award amount upon the Issuer's achievement of certain performance criteria based on adjusted EBITDA during the performance period

2. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations

Remarks:

	Anthony X. Pan	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did ACNT executive Anthony X. Pan report?

Anthony X. Pan reported receiving 5,028 shares of Ascent Industries common stock as a performance-based grant, then using 1,733 shares to satisfy tax withholding obligations. These transactions are compensation-related rather than open-market buying or selling activity.

How many ACNT shares did Anthony X. Pan acquire in this Form 4 filing?

He acquired 5,028 shares of Ascent Industries common stock as a grant on March 26 at $12.84 per share. The grant resulted from performance stock units vesting at 109% of the target award tied to adjusted EBITDA performance.

Why were 1,733 ACNT shares disposed of by Anthony X. Pan?

The 1,733 Ascent Industries shares were disposed of solely to cover tax withholding obligations related to the stock award. This tax-withholding disposition is coded as an F transaction and does not represent an open-market sale initiated for investment reasons.

What are Anthony X. Pan’s ACNT share holdings after these transactions?

After the reported transactions, he directly held 23,946 Ascent Industries shares. In addition, Form 4 shows indirect holdings of 2,693 shares held by his spouse and 550 shares held by his mother, reflecting total reported exposure through family accounts.

How were performance stock units for ACNT’s Anthony X. Pan determined?

The filing states that performance stock units vested at 109% of the target award amount. Vesting was based on Ascent Industries’ achievement of specific adjusted EBITDA performance criteria during the performance period, leading to the 5,028-share grant to Anthony X. Pan.