BCPC (BCPC) CFO reports stock, option awards and tax withholdings
Rhea-AI Filing Summary
Balchem Corporation executive Carl Martin Bengtsson, EVP & Chief Financial Officer, reported multiple equity compensation transactions and related tax withholdings. On February 11, 2026 he acquired 3,610 shares of common stock as restricted stock and 4,718 shares from vested performance stock units at no cost, while 2,416 of those vested units were withheld to satisfy tax obligations. He also received a stock option grant for 13,200 shares at an exercise price of $178.68 per share, vesting 20% in year one, 40% in year two, and 40% in year three, expiring in 2036. Additional shares were withheld on February 12, 2026 to cover taxes on previously granted restricted shares. After these transactions, he directly held 27,926 common shares, plus 1,086 shares held indirectly in a 401(k) plan, along with 13,200 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 302 | $177.49 | $54K |
| Grant/Award | Stock Option | 13,200 | $0.00 | -- |
| Grant/Award | Common Stock | 3,610 | $0.00 | -- |
| Grant/Award | Common Stock | 4,718 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,416 | $178.68 | $432K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Ownership of restricted stock vests in Reporting Person over a 3-year period (25% on the first anniversary of the grant date, 25% on the second anniversary of the grant date, and 50% on the third anniversary of the grant date), subject to restrictions on transfer in accordance with the provisions of a Restricted Stock Grant Agreement between the Issuer and the Reporting Person. Represents the vesting of performance stock units (includes 78 dividend equivalent shares) for the 2023-2025 performance period. 2,416 of the 4,718 performance stock units that vested on February 11, 2026 were withheld to cover tax requirement due upon vesting. Reflects shares that were withheld to cover withholding taxes due upon vesting of restricted shares (granted on 2/12/2025). Options vest 20% Year 1, 40% Year 2, and 40% Year 3.