Park-Ohio (PKOH) Director Reports 232 RSU Acquisition; Fully Vested Units
Rhea-AI Filing Summary
John D. Grampa, a director of Park-Ohio Holdings Corp (PKOH), was reported to have acquired 232 restricted stock units (RSUs) on 08/15/2025. Each RSU converts to one share of common stock and the filing shows the RSUs carry a $0 price, are fully vested, and will be settled in shares delivered within 30 days after separation of service.
The transaction increases the reporting person’s beneficial ownership contextually to 36,235 shares following the award. The filing was submitted by an attorney-in-fact on behalf of Mr. Grampa and lists the transaction as a non-derivative acquisition of common stock equivalents.
Positive
- Alignment of interests: RSUs convert to common stock, tying the director’s compensation to shareholder value
- Fully vested units: The RSUs are reported as fully vested, clarifying that there are no remaining service conditions to earn these shares
Negative
- Non-cash issuance: The RSUs were granted/settled at a $0 price, indicating compensation dilution potential rather than insider cash investment
Insights
TL;DR: Routine director RSU settlement aligns executive incentives; no material change to control.
The reported acquisition of 232 RSUs is typical for director compensation and, per the filing, the units are fully vested and convertible into one share each. This transaction appears to be a standard compensation settlement rather than an opportunistic market purchase or sale. The increase to beneficial ownership to 36,235 shares is modest relative to most public-company capitalization levels and does not indicate a change in control or significant shift in insider holdings. Documentation of settlement within 30 days after separation is consistent with standard plan terms.
TL;DR: Small non-cash RSU settlement; limited immediate market impact.
The Form 4 reports a grant/settlement of 232 RSUs at a $0 price, meaning these are compensation units rather than open-market purchases. Such grants typically have minimal short-term share supply impact because settlement timing often coincides with service separation and the amount is small versus total outstanding shares. Investors seeking material insider signaling should note the non-derivative nature and that the units are already vested, but the filing does not show a meaningful shift in ownership concentration or liquidity.