Ascent Industries (ACNT) VP gets 5,896-share award, uses 2,096 shares for taxes

Rhea-AI Filing Summary

ASCENT INDUSTRIES CO. reported compensation-related equity activity for V.P. Business Operations Harshil Vipul Shah. On March 26, 2026, he acquired 5,896 shares of common stock at $12.84 per share as a grant, after performance stock units vested at 109% of the target award based on adjusted EBITDA criteria. On March 27, 2026, 2,096 shares at $12.85 per share were disposed of to cover tax withholding obligations. Following these transactions, he directly holds 6,894 shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Shah Harshil Vipul

Role Insider

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,096	$12.85	$27K
Grant/Award	Common Stock	5,896	$12.84	$76K

Holdings After Transaction: Common Stock — 6,894 shares (Direct)

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

Grant shares: 5,896 shares at $12.84 Tax-withholding shares: 2,096 shares at $12.85 Post-transaction holdings: 6,894 shares +1 more

4 metrics

Grant shares 5,896 shares at $12.84 Common stock grant on March 26, 2026

Tax-withholding shares 2,096 shares at $12.85 Tax-withholding disposition on March 27, 2026

Post-transaction holdings 6,894 shares Common stock directly held after transactions

PSU vesting level 109% of target Performance stock units 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^*

Shah Harshil Vipul

(Last) (First) (Middle)

20 N. MARTINGALE RD

SUITE 430

(Street)

SCHAUMBURG ILLINOIS 60173

(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)
			V.P. Business Operations

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		5,896(1)	A	$12.84	8,990	D
Common Stock	03/27/2026		F		2,096(2)	D	$12.85	6,894	D

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:

	Harshil Shah	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's Harshil Vipul Shah report?

Harshil Vipul Shah reported a grant of 5,896 ACNT shares from vested performance stock units and a tax-withholding disposition of 2,096 shares. These actions reflect compensation and related tax obligations rather than open-market buying or selling activity.

Were the ACNT Form 4 transactions open-market buys or sells?

The reported ACNT transactions were not open-market trades. Shah received shares as a grant from vested performance stock units, and 2,096 shares were disposed of solely to satisfy tax withholding obligations, according to the filing’s transaction codes and footnotes.

How many ACNT shares does Harshil Vipul Shah hold after these transactions?

After the reported Form 4 transactions, Harshil Vipul Shah directly holds 6,894 shares of ASCENT INDUSTRIES CO. common stock. This total reflects the grant of 5,896 shares and the 2,096-share tax-withholding disposition disclosed in the filing.

What performance level triggered Shah’s ACNT stock unit vesting?

The filing states that Shah’s performance stock units vested at 109% of the target award. Vesting was based on ASCENT INDUSTRIES CO.’s achievement of adjusted EBITDA performance criteria during the specified performance period, as described in the reported footnote.

What does the tax-withholding disposition in the ACNT Form 4 mean?

The tax-withholding disposition reflects 2,096 ACNT shares transferred to cover tax obligations arising from Shah’s equity award vesting. It is coded as a Form 4 “F” transaction, indicating payment of tax liability by delivering securities, not a discretionary market sale.