Timken CEO vests 38,204 shares; 16,083 withheld
Timken’s CEO had restricted share units vest while shares were withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
TIMKEN CO (TKR) reported that President and CEO Lucian Boldea had time-based restricted share units vest into 30,286 shares of common stock on September 1, 2026, representing 33% of an award granted on September 1, 2025 that vests over three years, and 7,918 shares vesting as 25% of a separate four-year award. On the same date, a total of 16,083 shares of common stock were delivered or withheld at $119.78 per share for payment of exercise price or tax liability. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BOLDEA LUCIAN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 30,286 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,750 | $119.78 | $1.53M |
| Grant/Award | Common Stock F2 | 7,918 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,333 | $119.78 | $399K |
Holdings After Transaction:
Common Stock — 22,121 shares (Direct)
Footnotes (2)
- F1. Represents vesting of 33% of the time-based restricted share units granted on September 1, 2025 and that vest over a three year period.
- F2. Represents vesting of 25% of the time-based restricted share units granted on September 1, 2025 and that vest over a four year period.
Key Figures
Shares vested from 3-year RSUs: 30,286 shares
Shares vested from 4-year RSUs: 7,918 shares
Shares delivered/withheld for taxes or exercise price: 16,083 shares
+4 more
7 metrics
Shares vested from 3-year RSUs
30,286 shares
33% of time-based restricted share units granted September 1, 2025 vesting over three years
Shares vested from 4-year RSUs
7,918 shares
25% of time-based restricted share units granted September 1, 2025 vesting over four years
Shares delivered/withheld for taxes or exercise price
16,083 shares
Total of code F dispositions on September 1, 2026
First code F share amount
12,750 shares
Common stock delivered or withheld at $119.78 per share
Second code F share amount
3,333 shares
Common stock delivered or withheld at $119.78 per share
Per-share price for F transactions
$119.78 per share
Used for payment of exercise price or tax liability on September 1, 2026
Transaction date
September 1, 2026
Date of all reported Form 4 transactions
Key Terms
time-based restricted share units, vesting, exercise price or tax liability, grant, award, or other acquisition
4 terms
vesting financial
"Represents vesting of 33% of the time-based restricted share units granted"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
grant, award, or other acquisition financial
"Transaction described as Grant, award, or other acquisition of common stock"
FAQ
What equity awards did TKR’s CEO Lucian Boldea receive on September 1, 2026?
On September 1, 2026, Lucian Boldea received vested shares from time-based restricted share units: 30,286 shares vesting as 33% of a three-year award and 7,918 shares vesting as 25% of a four-year award, both originally granted on September 1, 2025.
Was a Rule 10b5-1 trading plan used for Lucian Boldea’s September 2026 TKR transactions?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively selected, and there is no footnote stating that the September 1, 2026 transactions were made under a Rule 10b5-1 or other pre-arranged trading plan.
What is the nature of the equity that vested for TKR’s CEO on September 1, 2026?
The vested equity consists of time-based restricted share units granted to Lucian Boldea on September 1, 2025, with one award vesting over three years and another over four years; 33% and 25% of those respective awards vested into shares on September 1, 2026.
Are Lucian Boldea’s September 1, 2026 TKR transactions market purchases or sales?
The Form 4 reports grants/award acquisitions through vesting of restricted share units and dispositions coded as F, meaning shares were delivered or withheld to pay exercise price or tax liability, rather than open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.