NPK International CFO exercises RSUs, tax shares
NPK International Inc. Senior Vice President and CFO Gregg Piontek reported routine equity compensation activity involving restricted stock units and related tax withholding.
Rhea-AI Filing Summary
NPK International Inc. Senior Vice President and CFO Gregg Piontek reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 1, 2026, restricted stock units converted on a one-for-one basis into 40,379 shares of common stock. To satisfy tax withholding obligations upon this vesting, a total of 36,089 shares were delivered back at $14.31 per share, which is characterized as tax-withholding dispositions rather than open-market sales. After these transactions, Piontek holds 817,803 common shares directly and 65,000 common shares indirectly through an account, indicating a substantial remaining ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,379 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,959 | $14.31 | $128K |
| Exercise Price or Tax Liability | Common Stock | 15,889 | $14.31 | $227K |
| Exercise Price or Tax Liability | Common Stock | 11,241 | $14.31 | $161K |
| Exercise | Common Stock | 40,379 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- 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. These shares are indirectly held by Trust.
- F4. Grant of restricted stock units that vest in one-third increments on June 1 of each subsequent year after grant and settle in shares.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
one-for-one basis financial
indirectly held financial
Senior Vice President and CFO financial
FAQ
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What did NPKI CFO Gregg Piontek report in this Form 4 filing?
Were any of Gregg Piontek’s NPKI transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.