Timken (TKR) investor files to sell 30,206 shares under Rule 144
Filing Impact
Filing Sentiment
Form Type
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.
Positive
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Negative
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FAQ
What does the seller represent about Timken (TKR) information in this Rule 144 notice?
By signing the notice, the seller represents that they do not know any material adverse information about Timken’s current or prospective operations that has not been publicly disclosed. This representation is required when relying on Rule 144 for resales of restricted or control securities.