Park-Ohio Holdings (PKOH) awards 3,072 RSUs to board director Clarke
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CLARKE ANDREW C reported acquisition or exercise transactions in this Form 4 filing.
Park-Ohio Holdings Corp director Andrew C. Clarke received a grant of 3,072 Restricted Stock Units as equity compensation. Each RSU represents a right to receive one share of common stock at no purchase price. The RSUs vest in one year on May 29, 2027, and the underlying shares will be delivered within 30 days after his separation of service. Following this award, Clarke holds 3,072 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARKE ANDREW C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,072 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,072 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
RSUs granted: 3,072 units
Grant price: $0.00 per unit
Underlying shares: 3,072 shares
+2 more
5 metrics
RSUs granted
3,072 units
Restricted Stock Units granted to director on May 29, 2026
Grant price
$0.00 per unit
Equity compensation, not an open-market purchase
Underlying shares
3,072 shares
Each RSU equals one share of common stock
RSU vesting date
May 29, 2027
Units vest in one year from grant date
Holdings after grant
3,072 RSUs
Total Restricted Stock Units held directly following transaction
Key Terms
Restricted Stock Units, contingent right, vest, separation of service
4 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.
contingent right financial
"represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock"
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 Holdings (PKOH) disclose for Andrew C. Clarke?
Park-Ohio Holdings reported that director Andrew C. Clarke received 3,072 Restricted Stock Units as an equity award. Each RSU represents a contingent right to one share of common stock, granted at no purchase price to the director.
How many Restricted Stock Units did PKOH director Andrew C. Clarke receive?
Andrew C. Clarke received 3,072 Restricted Stock Units from Park-Ohio Holdings. After this grant, his total reported holdings of these RSUs are 3,072 units, all held directly as part of his equity-based compensation package from the company.
When do Andrew C. Clarke’s Park-Ohio Holdings RSUs vest?
The 3,072 Restricted Stock Units granted to Andrew C. Clarke vest in one year, on May 29, 2027. Vesting means he earns the units over time, subject to continued service and any applicable company plan conditions.
What does each Park-Ohio Holdings RSU granted to Andrew C. Clarke represent?
Each Restricted Stock Unit granted to Andrew C. Clarke represents a contingent right to receive one share of Park-Ohio common stock. The units convert into actual shares only after vesting and according to the company’s delivery schedule.
Is Andrew C. Clarke’s Park-Ohio RSU award an open-market stock purchase?
No. The 3,072 RSUs granted to Andrew C. Clarke are a compensation award, not an open-market purchase. They were granted at a price of $0.00 per unit under the company’s equity compensation arrangements for directors.