Director John D. Grampa receives 149 RSUs at Park-Ohio (PKOH) as dividend-equivalent grant
Filing Impact
Filing Sentiment
Form Type
4
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 received a grant of 149 Restricted Stock Units (RSUs) on common stock. These RSUs were granted on May 15, 2026 under dividend equivalent provisions in his existing Restricted Stock Units Agreement. 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 him within 30 days after his separation of service. Following this grant, his directly held RSU balance reported in this filing increased to 36,764 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRAMPA JOHN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 149 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 36,764 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"). Reflects additional RSUs granted on May 15, 2026 pursuant to dividend equivalent sections of the Restricted Stock Units Agreement 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.
Key Figures
RSUs granted: 149 units
RSU holdings after grant: 36,764 units
RSU settlement timing: Within 30 days
+1 more
4 metrics
RSUs granted
149 units
Restricted Stock Units granted on May 15, 2026
RSU holdings after grant
36,764 units
Total RSUs directly held following the transaction
RSU settlement timing
Within 30 days
Shares delivered after separation of service
Underlying shares per RSU
1 share per RSU
Each RSU equals one Park-Ohio common share
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
"Reflects additional RSUs granted... pursuant to dividend equivalent sections of the Restricted Stock Units Agreement..."
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
"RSUs are fully vested and will be settled in Shares... within 30 days after separation of service."
FAQ
What insider transaction did Park-Ohio (PKOH) report for John D. Grampa?
Park-Ohio reported that director John D. Grampa received a grant of 149 Restricted Stock Units on May 15, 2026. These RSUs are tied to Park-Ohio common stock and increase his reported RSU holdings to 36,764 units.
How many RSUs did John D. Grampa receive in this Park-Ohio (PKOH) Form 4?
John D. Grampa received 149 Restricted Stock Units linked to Park-Ohio common stock. The grant was made on May 15, 2026 under dividend equivalent provisions of his existing RSU agreement with the company.
Are the new Park-Ohio (PKOH) RSUs for John D. Grampa vested?
The 149 newly granted Restricted Stock Units are fully vested according to the filing. They will be settled in Park-Ohio common shares and delivered to John D. Grampa within 30 days after his separation of service from the company.
What does each Restricted Stock Unit represent for Park-Ohio (PKOH) insiders?
Each Restricted Stock Unit represents a contingent right to receive one share of Park-Ohio Holdings Corp common stock. For John D. Grampa, the 149 RSUs granted function as stock-based compensation linked directly to the company’s common shares.
How many Park-Ohio (PKOH) RSUs does John D. Grampa hold after this transaction?
After receiving 149 additional Restricted Stock Units, John D. Grampa holds 36,764 RSUs directly, as reported in the Form 4. These RSUs will convert into common shares and be delivered within 30 days after his separation of service.