Core Molding (NYSE: CMT) COO granted new common shares via awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORE MOLDING TECHNOLOGIES INC reported that Chief Operating Officer Eric Palomaki acquired common shares through equity compensation awards rather than open‑market purchases. On March 11, 2026, he received 13,462 shares at no cost upon the vesting and settlement of 2023 performance share awards, and 1,784 additional shares were credited at an average price of $19.15 per share, reflecting market prices that ranged from $18.30 to $20.00 on the vesting date. Earlier, on January 12, 2026, he was granted a further 12,000 shares at no cost. Following these awards, Palomaki directly owns 168,499 shares of Core Molding common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PALOMAKI ERIC
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,462 | $0.00 | -- |
| Grant/Award | Common Stock | 1,784 | $19.15 | $34K |
| Grant/Award | Common Stock | 12,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 166,715 shares (Direct)
Footnotes (1)
- These shares were issued upon the vesting and settlement of 2023 performance share awards on March 11, 2026. The price reported in Column 4 represents the average market price on March 11, 2026, the vesting date of the performance share awards. Such prices ranged from $18.30 to $20.00 per share.
FAQ
What insider stock transactions did Core Molding (CMT) COO Eric Palomaki report?
Eric Palomaki reported equity compensation-related acquisitions of Core Molding common stock, not open-market trades. He received 13,462 shares from 2023 performance award vesting, 1,784 shares at an average $19.15, and a 12,000-share grant, all increasing his direct ownership.
Were Eric Palomaki’s Core Molding (CMT) transactions open-market buys or compensation awards?
The transactions were compensation-related awards, not open-market purchases. All three entries use code “A” for grant, award, or other acquisition, tied to performance share vesting and share grants, including 13,462 vested shares and a 12,000-share grant at no cost.
What is the significance of the $19.15 price in Eric Palomaki’s Core Molding filing?
The $19.15 figure is the average market price used in the filing for 1,784 credited shares. A footnote explains it reflects the average March 11, 2026 market price for the performance share vesting, with actual trades ranging between $18.30 and $20.00 per share.