Phibro Animal Health (PAHC) chair disposes 2,303 shares to cover tax withholding
Rhea-AI Filing Summary
PHIBRO ANIMAL HEALTH CORP Executive Chairman and 10% owner Jack Bendheim reported the disposition of 2,303 shares of Class A Common Stock on August 4, 2026. According to the disclosure, these shares were sold in a broker assisted cashless exercise program to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units. Following this transaction, Bendheim directly holds 14,537 Class A shares, and an affiliated entity, BFI Co., LLC, holds 56,152 shares over which he exercises voting and dispositive power while disclaiming beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,303 shares
Net Sell
2 txns
Insider
BENDHEIM JACK, BFI Co., LLC
Role
Executive Chairman | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2 | 2,303 | $36.599 | $84K |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,537 shares (Direct);
Class A Common Stock — 56,152 shares (Indirect, See)
Footnotes (3)
- F1. Represents shares sold in a broker assisted cashless exercise program to satisfy tax withholding obligations upon the receipt of Class A Common Stock in connection with the vesting and settlement of restricted stock units.
- F2. The reported securities are directly held by Jack Bendheim.
- F3. The reported securities are directly held by BFI Co., LLC ("BFI"). Jack Bendheim, a reporting person, director and officer of the Issuer, exercises voting and dispositive power over BFI and may be deemed to have shared voting and investment power over the securities held by BFI. Mr. Bendheim disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Shares disposed: 2,303 shares
Transaction price: $36.599 per share
Direct holdings after transaction: 14,537 shares
+1 more
4 metrics
Shares disposed
2,303 shares
Class A Common Stock disposition on August 4, 2026
Transaction price
$36.599 per share
Price for 2,303 Class A shares in cashless exercise
Direct holdings after transaction
14,537 shares
Jack Bendheim’s direct Class A ownership post-transaction
Indirect holdings via BFI Co., LLC
56,152 shares
Shares held by BFI Co., LLC over which Bendheim has voting and dispositive power
Key Terms
broker assisted cashless exercise program, restricted stock units, voting and dispositive power, disclaims beneficial ownership
4 terms
broker assisted cashless exercise program financial
"Represents shares sold in a broker assisted cashless exercise program to satisfy tax"
restricted stock units financial
"upon the receipt of Class A Common Stock in connection with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
voting and dispositive power financial
"exercises voting and dispositive power over BFI and may be deemed to have shared"
disclaims beneficial ownership regulatory
"Mr. Bendheim disclaims beneficial ownership of these securities except to the extent"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PAHC Executive Chairman Jack Bendheim report?
Jack Bendheim reported the disposition of 2,303 Class A shares of Phibro Animal Health on August 4, 2026, through a broker assisted cashless exercise to cover tax withholding on vested restricted stock units.
How significant is the reported PAHC transaction relative to Jack Bendheim’s holdings?
The transaction involved 2,303 shares, compared with post-transaction holdings of 14,537 direct shares and 56,152 indirectly held through BFI Co., LLC, suggesting it represents a small portion of his overall reported equity exposure.