Park-Ohio Holdings Corp. filings document regulatory disclosures for a diversified industrial company with Supply Technologies, Assembly Components, and Engineered Products segments. Current reports on Form 8-K record operating results and financial-condition updates, typically attaching earnings press releases as exhibits for quarterly and annual reporting periods.
Proxy filings cover annual-meeting matters including director elections, advisory approval of named executive officer compensation, and ratification of the independent auditor. Other 8-K disclosures address board composition and related director compensation matters, including references to Park-Ohio Industries, Inc. as the company’s principal operating subsidiary.
Park-Ohio Holdings Corp (PKOH) Form 144 notice reports a proposed sale of 3,270 common shares through Fidelity Brokerage Services with an aggregate market value of $66,250. The shares outstanding figure is reported as 14,395,192, and the approximate sale date is 08/15/2025. The shares were originally acquired on 06/22/2021 as a stock award from the issuer and were paid as compensation. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of any undisclosed material adverse information.
Matthew V. Crawford, CEO and director of Park-Ohio Holdings Corp (PKOH), reported multiple open-market purchases of the company's common stock on August 13-14, 2025. The filings show a series of purchases (transaction code P) executed at prices ranging from $19.88 to $20.31 per share. Reported direct holdings increased from 903,292 shares to 911,237 shares following the transactions, an aggregate net increase of 7,945 shares. The Form 4 lists several indirect holdings through entities including Crawford Capital Enterprises, Park Trust, and other related entities totaling larger indirect interests disclosed in the table.
Park-Ohio (PKOH) Q2-25 10-Q highlights:
- Net sales fell 7.5% YoY to $400.1 M; six-month sales down 5.3% to $805.5 M.
- Cost actions kept Q2 gross margin roughly flat at 17.0% (16.9% LY), but operating income declined 18.3% to $20.1 M on lower volume.
- Net income attributable to common shareholders slid 22% to $9.2 M; diluted EPS $0.66 vs $0.92.
- Six-month diluted EPS $1.26 (-25%).
- Operating cash outflow of $23.7 M vs breakeven LY, driven by higher receivables and lower accrued expenses; FCF negative after $16.9 M capex.
- Total debt rose to $667.0 M (net long-term $656.7 M) from $628.7 M at YE-24; cash $45.6 M. Liquidity: $45.6 M cash + $102.7 M revolver availability.
- Interest expense trimmed to $11.2 M (-6.7% YoY) on lower leverage; effective tax rate 17%.
- Segment sales YoY: Supply Technologies -7.7%, Assembly Components -7.8%, Engineered Products -7.1%. All segments recorded lower operating income.
- Subsequent events: issued $350 M 8.50% senior secured notes due 2030 to redeem $350 M 6.625% notes due 2027; amended $405 M revolving credit facility to extend maturity by five years.
- Quarterly dividend maintained at $0.125/share (≈$1.8 M cash outlay).
Key takeaways: Revenue softness across end-markets and working-capital build pressured earnings and cash flow. Refinancing extends maturities but raises coupon cost, increasing interest burden in 2H-25.