National Presto (NYSE: NPK) VP reports 62-share tax withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Presto Industries VP-SALES John Roderick MacKenzie Jr. reported a small tax-related share disposition. On this Form 4, 62 shares of common stock were delivered to cover tax obligations, a non-market transaction that does not represent an open-market sale or purchase.
After this event, he directly holds 1,813 common shares and indirectly holds 535 shares through a 401(k) plan. The filing shows routine equity compensation and tax withholding activity rather than a change in investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MacKenzie John Roderick JR
Role
VP-SALES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock $1.00 par value | 62 | $131.58 | $8K |
| holding | Common stock $1.00 par value | -- | -- | -- |
Holdings After Transaction:
Common stock $1.00 par value — 1,813 shares (Direct);
Common stock $1.00 par value — 535 shares (Indirect, 401(k) plan)
Footnotes (1)
FAQ
What insider transaction did NPK VP-SALES John Roderick MacKenzie Jr. report?
He reported a tax-withholding disposition of 62 common shares, used to cover exercise price or tax liabilities. This was a non-market event and not an open-market purchase or sale of National Presto Industries stock.
What does transaction code F mean in the NPK Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 62 common shares were used to meet obligations, making it a tax-related event, not a typical buy or sell.