[144] Park-Ohio Holdings Corp SEC Filing
Park-Ohio Holdings Corp (PKOH) Form 144 notice reports a proposed sale of 3,270 common shares through Fidelity Brokerage Services with an aggregate market value of $66,250. The shares outstanding figure is reported as 14,395,192, and the approximate sale date is 08/15/2025. The shares were originally acquired on 06/22/2021 as a stock award from the issuer and were paid as compensation. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of any undisclosed material adverse information.
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Insights
TL;DR: Insider proposes a small, routine sale of awarded shares; likely immaterial to valuation given size relative to outstanding stock.
The filing documents an intended sale of 3,270 common shares valued at $66,250 against 14,395,192 shares outstanding, indicating the transaction represents a de minimis portion of the company’s equity. The shares were acquired as a stock award and characterized as compensation, suggesting this is an expected liquidity event for an insider or employee rather than a signal of corporate distress. No sales were reported in the prior three months, and the filer affirms absence of undisclosed material information. For most investors, this filing is routine and unlikely to alter near-term fundamentals.
TL;DR: Filing shows routine executive/insider disposition under Rule 144 with standard attestations; governance disclosure is appropriate and complete.
The Form 144 lists the broker (Fidelity Brokerage Services) and provides acquisition details (06/22/2021 stock award) and payment as compensation, meeting disclosure expectations for Rule 144 transactions. The absence of prior three-month sales reduces complexity for aggregation rules. The seller’s attestation about no undisclosed material information and citation of trading-plan language is standard. From a governance standpoint, documentation is complete for an ordinary insider sale and does not raise compliance concerns based on the information provided.