Balchem (BCPC) CEO Harris reports 3,225-share tax withholding on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Balchem Corporation’s Chairman, President & CEO Theodore L. Harris reported a tax-related share withholding in company stock. On 02/08/2026, 3,225 shares of common stock were withheld at $173.16 per share to cover withholding taxes upon vesting of restricted shares granted on 2/8/2023.
Following this transaction, Harris directly beneficially owns 75,934 shares of common stock. In addition, 2,007 shares are held indirectly through a 401(k) Plan. A further 1,022.58 shares are held in a trust for the benefit of his mother, where he serves as trustee and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Harris Theodore L
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,225 | $173.16 | $558K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,934 shares (Direct);
Common Stock — 2,007 shares (Indirect, 401(k) Plan)
Footnotes (1)
- Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 2/8/2023). Reflects securities held in a trust for the benefit of the Reporting Person's mother and for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership over the securities held by the trust, except to the extent of his pecuniary interest therein, if any.
FAQ
What insider transaction did BCPC Chairman Theodore L. Harris report on this Form 4?
Theodore L. Harris reported the withholding of 3,225 shares of Balchem common stock on 02/08/2026. These shares were withheld at $173.16 per share to cover taxes due upon vesting of previously granted restricted shares.
Was the BCPC insider transaction by Theodore L. Harris a sale for investment purposes?
The reported transaction was not an open-market sale but a tax withholding. 3,225 shares were withheld to satisfy withholding taxes triggered by the vesting of restricted shares granted on 2/8/2023, a common administrative event.
What does the trust footnote mean in Theodore L. Harris’s BCPC Form 4 filing?
The trust footnote explains that 1,022.58 shares are held in a trust benefiting Harris’s mother. Harris serves as trustee and disclaims beneficial ownership of those securities, except to the extent of any pecuniary interest he may have in them.
What position does Theodore L. Harris hold at Balchem (BCPC) according to this filing?
According to the Form 4, Theodore L. Harris is Chairman, President & CEO of Balchem Corporation and also serves as a director. The filing confirms his dual leadership and board roles while reporting his recent tax-related share withholding transaction.