Core Molding (CMT) CFO has 1,707 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Molding Technologies executive Alex Joseph Panda, EVP, Treasurer, Secretary and CFO, had shares of common stock withheld to cover taxes on vested restricted stock. Four transactions on March 27, 2026 withheld a total of 1,707 shares as payment of tax liabilities.
These Form 4 entries are coded "F" for tax-withholding disposition and are not open-market sales. After these withholdings, Panda directly holds 44,315 shares of Core Molding Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Panda Alex Joseph
Role
EVP, Treasurer, Secretary, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 501 | $18.77 | $9K |
| Tax Withholding | Common Stock | 159 | $18.77 | $3K |
| Tax Withholding | Common Stock | 344 | $20.02 | $7K |
| Tax Withholding | Common Stock | 703 | $19.15 | $13K |
Holdings After Transaction:
Common Stock — 45,521 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 1,707 shares
Withholding price: $18.77 per share
Withholding price: $20.02 per share
+3 more
6 metrics
Tax-withholding shares
1,707 shares
Total shares withheld for taxes on vested restricted stock
Withholding price
$18.77 per share
Two tax-withholding entries for common stock
Withholding price
$20.02 per share
One tax-withholding entry for common stock
Withholding price
$19.15 per share
One tax-withholding entry for common stock
Post-transaction holdings
44,315 shares
Common stock directly owned after final transaction
Single withholding lot
703 shares
Largest individual tax-withholding disposition at $19.15
Key Terms
restricted stock, tax withholding obligation, Rule 16b-3(e), tax-withholding disposition
4 terms
restricted stock financial
"Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligation financial
"withheld to satisfy the executive's tax withholding obligation upon vesting of restricted stock"
Rule 16b-3(e) regulatory
"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)."
tax-withholding disposition financial
"transaction_action": "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
What did Core Molding Technologies (CMT) disclose in this Form 4?
Core Molding Technologies reported that executive Alex Joseph Panda had shares withheld to cover taxes on vested restricted stock. The company used 1,707 common shares to satisfy tax obligations, a routine compensation-related event rather than an open-market stock sale.
Are these Core Molding (CMT) Form 4 transactions open-market sales?
No. The Form 4 identifies all transactions with code F as tax-withholding dispositions. Shares were withheld by the issuer to pay tax obligations on vested restricted stock, as described in the footnote, and are not open-market sales initiated by the executive.