Timken (TKR) director granted 1,280 RSUs vesting in one year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timken Co director Frank C. Sullivan received a grant of 1,280 restricted share units on Common Stock as compensation. These restricted share units vest 100% one year from the grant date and are scheduled to expire on May 8, 2027. Following this filing, Sullivan is shown holding 69,467 shares of Timken common stock directly, plus the new restricted share units that will convert into an equal number of common shares upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SULLIVAN FRANK C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 1,280 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 1,280 shares (Direct, null);
Common Stock — 69,467 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted share units granted: 1,280 units
Underlying common shares: 1,280 shares
Common stock held after transaction: 69,467 shares
+2 more
5 metrics
Restricted share units granted
1,280 units
Grant to director Frank C. Sullivan on May 8, 2026
Underlying common shares
1,280 shares
One share of Timken common stock per restricted share unit
Common stock held after transaction
69,467 shares
Direct Timken common stock holdings following reported transactions
RSU expiration date
May 8, 2027
Expiration date of the restricted share unit award
RSU grant price
$0.00 per unit
Compensation-related equity grant, no cash paid by director
Key Terms
Restricted Share Unit, Grant, award, or other acquisition, Common Stock, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Timken (TKR) director Frank C. Sullivan report?
Frank C. Sullivan reported receiving a grant of 1,280 restricted share units tied to Timken common stock. This is a compensation-related award, not an open-market purchase or sale, and reflects additional equity-based incentives granted by the company.
Is the Timken (TKR) Form 4 transaction a buy or sell in the open market?
No open-market buy or sell occurred in this Form 4. The report shows a grant of 1,280 restricted share units as compensation, plus a holdings entry, meaning the activity is administrative and equity-based rather than a discretionary market trade.