Core Molding (NYSE: CMT) CEO Eric Palomaki receives 20,000-share promotion grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PALOMAKI ERIC reported acquisition or exercise transactions in this Form 4 filing.
CORE MOLDING TECHNOLOGIES INC reported that Chief Executive Officer Eric Palomaki received a grant of 20,000 shares of common stock on June 1, 2026. The award was a one-time promotion grant approved by the Compensation Committee and carried a grant price of $0.00 per share. Following this equity award, Palomaki directly holds 181,760 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PALOMAKI ERIC
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 181,760 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 20,000 shares
Grant price: $0.00 per share
Shares held after grant: 181,760 shares
+1 more
4 metrics
Shares granted
20,000 shares
One-time promotion grant of common stock to CEO on June 1, 2026
Grant price
$0.00 per share
Price per share for the 20,000-share promotion grant
Shares held after grant
181,760 shares
Total common shares directly owned by CEO Eric Palomaki after the award
Transaction date
June 1, 2026
Date of the 20,000-share common stock grant
Key Terms
Grant, award, or other acquisition, non-derivative, Compensation Committee, promotion grant
4 terms
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"transaction_type: non-derivative"
Compensation Committee financial
"one-time promotion grant approved by the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
promotion grant financial
"represents a one-time promotion grant approved by the Compensation Committee"
FAQ
What did CORE MOLDING TECHNOLOGIES (CMT) disclose about Eric Palomaki’s stock grant?
CORE MOLDING TECHNOLOGIES disclosed that Chief Executive Officer Eric Palomaki received a grant of 20,000 shares of common stock on June 1, 2026. The grant was a one-time promotion award approved by the Compensation Committee at a price of $0.00 per share.
What type of transaction was reported for Eric Palomaki in the CMT Form 4 filing?
The transaction is reported as a grant, award, or other acquisition of non-derivative common stock. It reflects a 20,000-share equity award to CEO Eric Palomaki, approved as a one-time promotion grant, with his ownership listed as direct after the transaction.