Timken (NYSE: TKR) grants CEO time- and performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BOLDEA LUCIAN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 23,500 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 35,225 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 23,500 shares (Direct)
Footnotes (1)
- Grant of 23,500 time-based restricted share units that vest 25% per year. Grant of 35,225 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
What insider transaction did Timken (TKR) report for Lucian Boldea?
Timken reported that president and CEO Lucian Boldea received grants of restricted share units. On February 12, 2026, he was awarded time-based and performance-based RSUs tied to Timken common stock as part of his equity compensation.
How do Lucian Boldea’s time-based RSUs from Timken vest?
The 23,500 time-based restricted share units granted to Lucian Boldea vest in equal installments of 25% per year. This creates a four-year vesting schedule, aligning the award with ongoing service and long-term incentive objectives at Timken.
What performance period applies to Timken CEO Lucian Boldea’s performance-based RSUs?
The 35,225 performance-based restricted share units are subject to performance criteria measured between January 1, 2026 and December 31, 2028. Actual vesting depends on achieving specified performance goals over this three-year performance period.