NPK International VP sells 10,446 shares at $14.58
NPK International Inc. executive Lori Briggs reported compensation-related share activity and a small planned sale.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
NPK International Inc. executive Lori Briggs reported compensation-related share activity and a small planned sale. On June 1, 2026, restricted stock units covering 24,340 shares vested and converted one-for-one into common stock, with 21,755 shares withheld to cover tax obligations. On June 2, 2026, she sold 10,446 shares of common stock in open-market transactions at a weighted average price of $14.5776 per share under a pre-established Rule 10b5-1 trading plan. Following these transactions, Briggs directly held 255,490 shares of NPK International common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,446 | $14.5776 | $152K |
| Exercise | Restricted Stock Units | 24,340 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,401 | $14.31 | $77K |
| Exercise Price or Tax Liability | Common Stock | 9,577 | $14.31 | $137K |
| Exercise Price or Tax Liability | Common Stock | 6,777 | $14.31 | $97K |
| Exercise | Common Stock | 24,340 | $0.00 | $0.00 |
Footnotes (5)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- F2. The restricted stock units vest and convert into shares on a one-for-one basis.
- F3. The reported sale of 10,446 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2025.
- F4. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $14.33 to $14.74, inclusive. The reporting person undertakes to provide to NPK International Inc., any security holder of NPK International Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- F5. Grant of restricted stock units that vest in one-third increments on June 1 of each subsequent year after grant and settle in shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.