Timken CEO awarded new restricted share units
Timken president and CEO Lucian Boldea reported equity awards in the form of restricted share units (RSUs).
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Rhea-AI Filing Summary
Timken president and CEO Lucian Boldea reported equity awards in the form of restricted share units (RSUs). On February 12, 2026, he acquired 23,500 time-based RSUs that vest 25% each year and 35,225 performance-based RSUs that depend on performance criteria measured from January 1, 2026 to December 31, 2028. Both RSU grants are derivatives tied to Timken common stock, were recorded at a price of $0 per unit, and are held as direct beneficial ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 23,500 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 35,225 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of 23,500 time-based restricted share units that vest 25% per year.
- F2. Grant of 35,225 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Timken (TKR) report for Lucian Boldea?
How do Lucian Boldea’s time-based RSUs from Timken vest?
What performance period applies to Timken CEO Lucian Boldea’s performance-based RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.