Ascent Industries GC gets stock grant, covers taxes

ASCENT INDUSTRIES CO. reported that its General Counsel, Kimberly Portnoy, received a compensation-related equity award and had shares withheld to cover taxes.

Accepted by SEC EDGAR 03/30/2026 - 09:28 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ASCENT INDUSTRIES CO. reported that its General Counsel, Kimberly Portnoy, received a compensation-related equity award and had shares withheld to cover taxes. On March 26, she acquired 5,896 shares of common stock at $12.84 per share as a grant tied to performance stock units that vested at 109% of the target award based on adjusted EBITDA performance. On March 27, 1,735 shares at $12.85 per share were disposed of as a tax-withholding transaction, not an open-market sale. After these transactions, she directly owned 7,321 shares of ASCENT INDUSTRIES common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Portnoy Kimberly

Role Insider

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,735	$12.85	$22K
Grant/Award	Common Stock	5,896	$12.84	$76K

Holdings After Transaction: Common Stock — 7,321 shares (Direct)

Holdings Before and After: Common Stock, 3,160 to 7,321 shares (Direct)

Footnotes (2)

1. F1. 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. F2. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations

Key Figures

Equity grant shares: 5,896 shares at $12.84 Tax withholding shares: 1,735 shares at $12.85 Post-transaction holdings: 7,321 shares +1 more

4 metrics

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

Tax withholding shares 1,735 shares at $12.85 Tax-withholding disposition on March 27, 2026

Post-transaction holdings 7,321 shares Direct common stock ownership after transactions

PSU vesting level 109% of target Performance stock units vesting 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

"Grant, award, or other acquisition"

tax-withholding disposition financial

"tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ASCENT INDUSTRIES CO. (ACNT) report for Kimberly Portnoy?

ASCENT INDUSTRIES reported that General Counsel Kimberly Portnoy received a grant of 5,896 common shares and had 1,735 shares withheld to cover taxes. These transactions reflect equity compensation and related tax withholding, not open-market buying or selling of ACNT stock.

How many ASCENT INDUSTRIES (ACNT) shares did Kimberly Portnoy acquire in the latest Form 4?

Kimberly Portnoy acquired 5,896 shares of ASCENT INDUSTRIES common stock as a grant or award at $12.84 per share. The grant arose from performance stock units tied to adjusted EBITDA results that vested above target, at 109% of the original award amount.

Why were 1,735 ASCENT INDUSTRIES (ACNT) shares disposed of in this Form 4 filing?

The 1,735 ASCENT INDUSTRIES shares were disposed of solely to satisfy tax withholding obligations on vested performance stock units. This is recorded as a tax-withholding disposition, not an open-market sale, and is a routine mechanism for paying taxes on equity compensation grants.

What performance level triggered Kimberly Portnoy’s stock unit vesting at ASCENT INDUSTRIES (ACNT)?

Her performance stock units vested at 109% of the target award after ASCENT INDUSTRIES achieved specified adjusted EBITDA performance criteria over the measurement period. This above-target vesting directly determined the number of common shares delivered under the equity incentive arrangement.

How many ASCENT INDUSTRIES (ACNT) shares does Kimberly Portnoy hold after these transactions?

Following the compensation grant and tax-withholding disposition, Kimberly Portnoy directly holds 7,321 shares of ASCENT INDUSTRIES common stock. This post-transaction figure reflects the net result of receiving 5,896 shares and disposing of 1,735 shares to cover related tax liabilities.

Are the ASCENT INDUSTRIES (ACNT) insider transactions by Kimberly Portnoy market purchases or sales?

The reported transactions are compensation-related, not ordinary market trades. Portnoy received 5,896 shares as an equity grant tied to performance stock units, and 1,735 shares were withheld to pay taxes. No open-market purchase or discretionary sale of ACNT shares is reported here.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Portnoy Kimberly

(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)
			General Counsel

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	9,056	D
Common Stock	03/27/2026		F		1,735(2)	D	$12.85	7,321	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:

	Kimberly Portnoy	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)