Park-Ohio (PKOH) director receives 93 new RSUs
Rhea-AI Filing Summary
GRAMPA JOHN D reported acquisition or exercise transactions in this Form 4 filing.
PARK OHIO HOLDINGS CORP director John D. Grampa reported an award of 93 Restricted Stock Units (RSUs) on August 14, 2026. Each RSU represents a contingent right to receive one share of common stock. These RSUs were granted as dividend equivalents under existing RSU agreements and are fully vested, to be settled in shares within 30 days after separation of service. Following this award, Grampa holds 36,857 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRAMPA JOHN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 93 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 36,857 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock ("Share").
- F2. Reflects additional RSUs granted on August 14, 2026 pursuant to dividend equivalent sections of the Restricted Stock Units Agreements between Issuer and the Reporting Person.
- F3. 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: 93 RSUs
RSUs following transaction: 36,857 RSUs
RSU-to-share ratio: 1 RSU : 1 share
+1 more
4 metrics
RSUs granted
93 RSUs
Additional RSUs granted on August 14, 2026 as dividend equivalents
RSUs following transaction
36,857 RSUs
Total Restricted Stock Units held directly after the reported award
RSU-to-share ratio
1 RSU : 1 share
Each Restricted Stock Unit represents a contingent right to receive one share of common stock
Transaction date
August 14, 2026
Date of the grant of 93 additional RSUs as dividend equivalents
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
"additional RSUs granted ... pursuant to dividend equivalent sections"
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
"settled in Shares and delivered ... within 30 days after separation of service"
FAQ
What transaction did PKOH director John D. Grampa report on this Form 4?
John D. Grampa reported an award of 93 Restricted Stock Units (RSUs) on August 14, 2026. The RSUs were granted as dividend equivalents under existing agreements and are fully vested, settling in shares after separation of service.
How many PKOH Restricted Stock Units does John D. Grampa hold after this transaction?
After this award, John D. Grampa holds 36,857 RSUs directly. These RSUs each represent a contingent right to receive one share of Park-Ohio Holdings Corp. common stock upon settlement conditions being met.
What does each PKOH RSU granted to John D. Grampa represent?
Each RSU granted to John D. Grampa represents a contingent right to receive one share of Park-Ohio Holdings Corp. common stock. The RSUs are fully vested but settle in shares within 30 days after his separation of service.
Why were the 93 PKOH RSUs granted to John D. Grampa?
The 93 RSUs were granted as dividend equivalents under the Restricted Stock Units Agreements between Park-Ohio and John D. Grampa. They reflect additional RSUs earned pursuant to dividend equivalent provisions rather than a cash dividend.
AI-generated analysis. How Rhea-AI works. Not financial advice.