Timken officer awarded RSUs and common shares
Timken Corporate Controller & CAO Megan Renee Lanzarotta reported multiple equity awards and related share movements dated February 12, 2026.
Rhea-AI Filing Summary
Timken Corporate Controller & CAO Megan Renee Lanzarotta reported multiple equity awards and related share movements dated February 12, 2026. She acquired 245 shares of common stock at $0, reflecting the vesting of previously granted performance-based restricted share units after compensation committee approval.
On the same date she received a grant of 575 time-based restricted share units, which vest 25% per year, and a separate grant of 850 performance-based restricted share units tied to performance between January 1, 2026 and December 31, 2028. The filing also shows a disposition of 84 common shares at $108.74 to cover tax liabilities, leaving her with 1,861 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 575 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 850 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 245 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 84 | $108.74 | $9K |
Footnotes (3)
- F1. Represents award of shares pursuant to vesting of performance-based restricted share units granted on February 9, 2023 following approval of performance metrics by the Compensation Committee on February 12, 2026.
- F2. Grant of 575 time-based restricted share units that vest 25% per year.
- F3. Grant of 850 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
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What insider transactions did Timken (TKR) officer Megan Lanzarotta report?
What does the tax-withholding transaction mean in the Timken (TKR) Form 4?
What is Megan Lanzarotta’s role at Timken (TKR) in this Form 4?
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