National Presto (NPK) COO has 36 shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Presto Industries reported an insider equity transaction for executive Frederick Douglas J, who serves as COO, VP, and Secretary. On March 16, 2026, 36 shares of common stock were disposed of at $131.58 per share as a tax-withholding transaction, meaning shares were delivered to cover tax obligations rather than sold on the open market.
Following this adjustment, he holds 9,106 shares of common stock directly and 1,681 shares indirectly through a 401(k) plan. The filing shows a routine compensation-related tax settlement, with no open-market buying or selling activity reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Frederick Douglas J
Role
COO, VP, SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock $1.00 par value | 36 | $131.58 | $5K |
| holding | Common stock $1.00 par value | -- | -- | -- |
Holdings After Transaction:
Common stock $1.00 par value — 9,106 shares (Direct);
Common stock $1.00 par value — 1,681 shares (Indirect, 401(k) plan)
Footnotes (1)
FAQ
What insider transaction did NATIONAL PRESTO INDUSTRIES (NPK) report for Frederick Douglas J?
NATIONAL PRESTO INDUSTRIES reported a Form 4 for executive Frederick Douglas J showing a tax-withholding share disposition. On March 16, 2026, 36 common shares were delivered to cover tax obligations related to equity compensation, rather than sold in the open market.
Was the NPK insider transaction an open-market sale or a tax-withholding event?
The NPK insider transaction was a tax-withholding event, not an open-market sale. Transaction code F indicates payment of tax liability by delivering securities, so the 36 shares were used to cover taxes tied to equity compensation, not actively sold in the market.
What are Frederick Douglas J’s NATIONAL PRESTO INDUSTRIES (NPK) holdings after this transaction?
After the transaction, Frederick Douglas J holds 9,106 NATIONAL PRESTO INDUSTRIES shares directly and 1,681 shares indirectly through a 401(k) plan. These post-transaction holdings reflect his remaining equity interest following the small tax-withholding share disposition.
Who is the insider involved in the latest NPK Form 4 filing?
The insider is Frederick Douglas J, who serves as COO, Vice President, and Secretary of NATIONAL PRESTO INDUSTRIES. The filing details a routine tax-withholding share disposition related to his equity compensation, rather than discretionary buying or selling of company stock.