Timken holder plans $3.2M Rule 144 stock sale
The Timken Company shareholder plans a significant stock sale under Rule 144.
Rhea-AI Filing Summary
The Timken Company shareholder plans a significant stock sale under Rule 144. A notice was filed to sell 30,206 shares of Timken common stock through Vanguard Marketing Corporation on the NYSE, with an aggregate market value of $3,211,199.86, targeting an approximate sale date of February 6, 2026.
The securities to be sold were acquired on February 10, 2024 via restricted stock vesting from The Timken Company. Over the prior three months, the same seller, Richard Kyle, sold 15,837 common shares for gross proceeds of $1,283,298.86, indicating ongoing liquidation activity subject to Rule 144 limitations.
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FAQ
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What does the seller represent about Timken (TKR) information in this Rule 144 notice?
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