Park-Ohio Holdings (PKOH) director adds 8 dividend RSUs
Rhea-AI Filing Summary
PARK OHIO HOLDINGS CORP director Andrew C. Clarke reported an acquisition of 8 Restricted Stock Units (RSUs) on August 14, 2026 as a derivative transaction classified as a grant or award. Each RSU represents a contingent right to receive one share of common stock, and these additional RSUs were granted pursuant to the dividend equivalent sections of existing Restricted Stock Units Agreements between the company and Clarke. After this grant, Clarke directly holds 3,080 RSUs, which are fully vested and will be settled in shares of common stock and delivered to him within 30 days after separation of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARKE ANDREW C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 8 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,080 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: 8 RSUs
RSUs underlying common shares: 8 shares
Total RSUs held after transaction: 3,080 RSUs
+2 more
5 metrics
RSUs granted
8 RSUs
Additional Restricted Stock Units granted on August 14, 2026 pursuant to dividend equivalent provisions
RSUs underlying common shares
8 shares
Each RSU represents a contingent right to receive one share of common stock
Total RSUs held after transaction
3,080 RSUs
Direct RSU holdings of Andrew C. Clarke following the August 14, 2026 grant
Transaction date
August 14, 2026
Date of the RSU grant reported as a derivative acquisition
RSU transaction price per unit
$0.0000
Grant of RSUs reported with a zero per-unit transaction price
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
"granted on August 14, 2026 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
"delivered to the Reporting Person within 30 days after separation of service"
FAQ
What did PKOH director Andrew C. Clarke report in this Form 4 transaction?
Andrew C. Clarke reported an acquisition of 8 Restricted Stock Units (RSUs) on August 14, 2026. These RSUs are additional awards granted under dividend equivalent provisions tied to existing Restricted Stock Units Agreements with PARK OHIO HOLDINGS CORP.
How many RSUs does Andrew C. Clarke hold in PKOH after this grant?
After this grant, Andrew C. Clarke holds 3,080 Restricted Stock Units directly. This total includes the 8 RSUs reported in the current Form 4 as additional awards under dividend equivalent provisions.
What does each RSU reported by PKOH for Andrew C. Clarke represent?
Each RSU reported for Andrew C. Clarke represents a contingent right to receive one share of PARK OHIO HOLDINGS CORP common stock. The RSUs will ultimately convert into an equal number of common shares when they are settled.
When will Andrew C. Clarke’s PKOH RSUs be settled and delivered?
The RSUs are fully vested and will be settled in shares and delivered within 30 days after separation of service. Settlement timing is therefore tied to when Clarke’s service with PARK OHIO HOLDINGS CORP ends.
Why did Andrew C. Clarke receive additional PKOH RSUs in this filing?
The additional 8 RSUs were granted under the dividend equivalent sections of existing Restricted Stock Units Agreements. These provisions credit extra RSUs to reflect dividend equivalents rather than paying cash dividends on unvested or outstanding RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
