Timken (NYSE: TKR) controller reports new RSU grants and share vesting
Filing Impact
Filing Sentiment
Form Type
4
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
4 transactions reported
Mixed
4 txns
Insider
Lanzarotta Megan Renee
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 575 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 850 | $0.00 | -- |
| Grant/Award | Common Stock | 245 | $0.00 | -- |
| Tax Withholding | Common Stock | 84 | $108.74 | $9K |
Holdings After Transaction:
Restricted Share Unit — 575 shares (Direct);
Common Stock — 1,945 shares (Direct)
Footnotes (1)
- 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. Grant of 575 time-based restricted share units that vest 25% per year. Grant of 850 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
What insider transactions did Timken (TKR) officer Megan Lanzarotta report?
She reported equity awards and related share movements. These included vested performance-based units converting into 245 common shares, tax withholding of 84 shares, and new grants of 575 time-based and 850 performance-based restricted share units on February 12, 2026.
What does the tax-withholding transaction mean in the Timken (TKR) Form 4?
The Form 4 shows a disposition of 84 Timken common shares at $108.74 under transaction code F. This indicates shares were delivered to satisfy tax liabilities related to equity awards, rather than an open-market sale initiated for investment purposes.
What is Megan Lanzarotta’s role at Timken (TKR) in this Form 4?
She is identified as an officer of Timken serving as Corporate Controller & Chief Accounting Officer. The Form 4 reports equity compensation and related share movements in her capacity as a senior executive with direct ownership of the reported securities.