Dividend-linked 44 RSUs granted to Park-Ohio (PKOH) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOORE DAN T III reported acquisition or exercise transactions in this Form 4 filing.
Park-Ohio Holdings Corp director Dan T. Moore III received a grant of 44 Restricted Stock Units (RSUs) tied to dividend equivalents. Each RSU represents a contingent right to receive one share of common stock. Following this award, he holds 10,832 RSUs directly.
The RSUs are fully vested and will be settled in shares and delivered to him within 30 days after his separation of service from the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE DAN T III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 44 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,832 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"). Reflects additional RSUs granted on May 15, 2026 pursuant to dividend equivalent sections of the Restricted Stock Units Agreement between Issuer and the Reporting Person. RSUs are fully vested and will be settled in Shares and delivered to the Reporting Person within 30 days after separation of service.
Key Figures
RSUs granted: 44 RSUs
Total RSUs after grant: 10,832 RSUs
RSU grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
44 RSUs
Additional dividend-equivalent grant on May 15, 2026
Total RSUs after grant
10,832 RSUs
Director’s RSU holdings following the transaction
RSU grant price
$0.00 per unit
Compensation grant, no purchase price paid by director
RSU-to-share ratio
1 RSU = 1 share
Each RSU represents one Park-Ohio common share
Settlement timing
Within 30 days
Shares delivered after separation of service
Key Terms
Restricted Stock Units, dividend equivalent, separation of service
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."
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.
dividend equivalent financial
"Reflects additional RSUs granted... pursuant to dividend equivalent sections of the Restricted Stock Units Agreement..."
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
separation of service financial
"RSUs are fully vested and will be settled in Shares and delivered... within 30 days after separation of service."
FAQ
What insider transaction did PARK OHIO HOLDINGS CORP (PKOH) report?
PARK OHIO HOLDINGS CORP reported that director Dan T. Moore III received 44 Restricted Stock Units. These units were granted as additional RSUs under dividend equivalent provisions and increase his total RSU holdings to 10,832, all linked to the company’s common stock.
How many Park-Ohio (PKOH) Restricted Stock Units did Dan T. Moore III receive?
Dan T. Moore III received 44 additional Restricted Stock Units from Park-Ohio. These RSUs arise from dividend equivalent provisions in his existing RSU agreement and each unit represents a contingent right to receive one share of Park-Ohio common stock in the future.
What does each RSU granted by PARK OHIO HOLDINGS CORP (PKOH) represent?
Each Restricted Stock Unit granted by PARK OHIO HOLDINGS CORP represents a contingent right to receive one share of its common stock. This means the director will receive one share for each RSU when the units are settled according to the agreement’s terms after separation of service.
When will the new Park-Ohio (PKOH) RSUs be delivered to the director?
The new Park-Ohio RSUs will be settled in shares and delivered within 30 days after Dan T. Moore III’s separation of service. Although fully vested now, actual share delivery is deferred until that post-separation settlement window specified in the RSU agreement.
How many Park-Ohio (PKOH) RSUs does the director hold after this transaction?
After this transaction, director Dan T. Moore III holds 10,832 Restricted Stock Units in total. This figure includes the 44 additional RSUs granted pursuant to the dividend equivalent sections of his existing RSU agreement with PARK OHIO HOLDINGS CORP.