Park-Ohio (PKOH) director receives dividend-equivalent grant of 49 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Park-Ohio Holdings Corp director receives additional RSUs tied to dividends. Director Dan T. Moore III acquired 49 Restricted Stock Units on February 20, 2026 as a grant under dividend equivalent provisions, bringing his directly held RSUs to 10,788 units.
Each RSU represents a contingent right to receive one share of Park-Ohio common stock. The RSUs are fully vested and will be settled in shares and delivered to Moore within 30 days after his separation from service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE DAN T III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 49 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,788 shares (Direct)
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 February 20, 2026 pursuant to dividend equivalent sections of the Restricted Stock Units Agreements 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.
FAQ
What did Park-Ohio (PKOH) director Dan T. Moore III report on this Form 4?
He reported acquiring 49 Restricted Stock Units as a grant under dividend equivalent provisions. After this award, he directly holds 10,788 RSUs, each representing the right to receive one share of Park-Ohio common stock in the future.
How many Restricted Stock Units does the Park-Ohio (PKOH) director hold after this transaction?
Following the February 20, 2026 grant, Dan T. Moore III holds 10,788 Restricted Stock Units. These RSUs are fully vested and each unit corresponds to one share of Park-Ohio common stock to be delivered after separation of service.
What does each Restricted Stock Unit reported by Park-Ohio (PKOH) represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Park-Ohio Holdings Corp common stock. The units are fully vested and will be settled in actual shares that are delivered to the reporting person after his service with the company ends.
When will the Park-Ohio (PKOH) RSUs reported by the director be settled?
The RSUs will be settled in shares and delivered within 30 days after the director’s separation of service. Although they are already fully vested, actual Park-Ohio common stock is not issued until that post-separation settlement timeframe occurs.
Why did the Park-Ohio (PKOH) director receive additional RSUs in this filing?
The additional 49 RSUs were granted pursuant to dividend equivalent sections of the Restricted Stock Units Agreements between Park-Ohio and the director. This means the award reflects dividends credited on existing RSUs rather than a cash dividend payment.