Ascent Industries (ACNT) CFO awarded shares, sells 895 to cover tax
Rhea-AI Filing Summary
Ascent Industries Co. Chief Financial Officer Ryan Kavalauskas reported equity compensation activity involving the company’s common stock. On January 22, 2026, he acquired 2,508 shares of common stock at a price of $16.445 per share as performance shares under an award agreement that vested when a 30-day volume-weighted average price reached $16.00. This brought his directly held common stock to 16,190 shares.
On January 23, 2026, he disposed of 895 shares of common stock at a price of $16.07 per share in a sell-to-cover transaction to satisfy tax withholding obligations related to the vesting of performance stock units. After this tax-related sale, he directly owned 15,295 shares of Ascent Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 895 | $16.07 | $14K |
| Grant/Award | Common Stock | 2,508 | $16.445 | $41K |
Footnotes (1)
- Performance shares acquired pursuant to award agreement in which 30-day volume-weighted average price achieved $16.00 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 PSUs.
FAQ
What insider transactions did ACNT’s CFO report in this Form 4?
Ascent Industries Co. (symbol ACNT) Chief Financial Officer Ryan Kavalauskas reported acquiring 2,508 shares of common stock on January 22, 2026 as performance shares and disposing of 895 shares on January 23, 2026 in a sell-to-cover transaction.
At what prices were the ACNT insider transactions executed?
The performance share acquisition of 2,508 shares on January 22, 2026 is shown at $16.445 per share. The sell-to-cover disposition of 895 shares on January 23, 2026 was executed at $16.07 per share.
What role does Ryan Kavalauskas hold at Ascent Industries Co. (ACNT)?
According to the Form 4, Ryan Kavalauskas is the Chief Financial Officer of Ascent Industries Co., and the transactions reported relate to his beneficial ownership of the company’s common stock.