Director at Park-Ohio (PKOH) receives stock and 1,536 RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Park-Ohio Holdings Corp director Patrick V. Auletta reported equity compensation grants. He acquired 1,536 shares of common stock at no cost and 1,536 Restricted Stock Units, each representing a right to one share of common stock. The RSUs vest in one year, on May 29, 2027, with vested shares deliverable within 30 days after separation of service. Following these awards, he directly holds 10,268 common shares and 23,220 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
AULETTA PATRICK V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,536 | $0.00 | -- |
| Grant/Award | Common Stock | 1,536 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 23,220 shares (Direct, null);
Common Stock — 10,268 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock ("Share"). The RSUs vest in one year, on May 29, 2027. Vested shares will be delivered to the reporting person within 30 days after separation of service.
Key Figures
Common stock granted: 1,536 shares
RSUs granted: 1,536 units
Common shares held after: 10,268 shares
+2 more
5 metrics
Common stock granted
1,536 shares
Director equity grant on May 29, 2026
RSUs granted
1,536 units
Restricted Stock Units awarded on May 29, 2026
Common shares held after
10,268 shares
Direct holdings after transaction
RSUs held after
23,220 units
Restricted Stock Units outstanding after grant
RSU vesting date
May 29, 2027
Newly granted RSUs vest in one year
Key Terms
Restricted Stock Units, contingent right to receive one share, vest, separation of service
4 terms
Restricted Stock Units financial
"The RSUs vest in one year, on May 29, 2027."
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.
vest financial
"The RSUs vest in one year, on May 29, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
separation of service financial
"Vested shares will be delivered to the reporting person within 30 days after separation of service."
FAQ
What insider transaction did Park-Ohio (PKOH) director Patrick Auletta report?
Director Patrick V. Auletta reported equity compensation grants. He received 1,536 shares of Park-Ohio common stock at no cost and 1,536 Restricted Stock Units, each linked to one common share, as part of his director compensation.
How many Restricted Stock Units does Patrick Auletta hold in Park-Ohio (PKOH)?
Patrick Auletta holds 23,220 Restricted Stock Units in Park-Ohio after the transaction. Each RSU represents a contingent right to receive one share of Park-Ohio common stock, subject to vesting and delivery conditions.
What is a Restricted Stock Unit in the context of Park-Ohio (PKOH) compensation?
A Park-Ohio Restricted Stock Unit is a contingent right to receive one common share in the future. The units typically vest after a specified period, and shares are delivered according to plan terms, such as after separation of service for directors.