NewMarket (NEU) CFO logs small tax-withholding share move, retains 622 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NewMarket Corp Vice President & CFO Timothy K. Fitzgerald reported a small tax-related share disposition. On February 19, 2026, 34 shares of NewMarket common stock were withheld by the company at a price of $607.04 per share to satisfy tax obligations from vesting restricted stock granted on February 19, 2021. After this withholding, Fitzgerald directly owned 622 shares of common stock. He also held an additional 358.24 shares indirectly through the NewMarket Savings Plan, where the increase in plan shares reflects periodic purchases by the plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FITZGERALD TIMOTHY K
Role
Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 34 | $607.04 | $21K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 622 shares (Direct);
Common Stock — 358.24 shares (Indirect, NewMarket Savings Plan)
Footnotes (1)
- Shares withheld by the Company to satisfy tax withholding obligations related to the vesting of shares of restricted stock granted to the reporting person effective February 19, 2021. The increase in shares is due to periodic purchase by the Plan Trustee pursuant to the Plan.
FAQ
What insider transaction did NewMarket Corp (NEU) report for Timothy K. Fitzgerald?
NewMarket Corp reported that CFO Timothy K. Fitzgerald had 34 shares of common stock withheld by the company to cover tax obligations on vesting restricted stock. This was a tax-withholding disposition, not an open-market trade, and left him with 622 directly held shares.
Was the NewMarket (NEU) insider activity a sale or tax withholding?
The activity was tax withholding, not a market sale. The company withheld 34 shares of NewMarket common stock at $607.04 per share to satisfy Fitzgerald’s tax obligations tied to vesting restricted stock granted on February 19, 2021.
What is the role of the NewMarket Savings Plan in Fitzgerald’s NEU holdings?
Fitzgerald’s indirect ownership in NewMarket comes through the NewMarket Savings Plan, where he held 358.24 shares after the reported date. According to a footnote, increases in these plan shares result from periodic purchases by the plan trustee under the plan.
On what date did the NewMarket (NEU) insider tax-withholding transaction occur?
The tax-withholding transaction occurred on February 19, 2026. On that date, NewMarket withheld 34 shares of common stock from CFO Timothy K. Fitzgerald to cover taxes arising from vesting restricted stock originally granted effective February 19, 2021.