Timken (TKR) EVP Hansal Patel reports stock award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timken executive Hansal N. Patel reported equity compensation and related tax withholding transactions in company stock. On February 9, 2026, Patel acquired 1,081 shares of Timken common stock as a grant/award upon vesting of performance-based restricted share units originally granted on February 9, 2023.
On the same day, 323 shares of common stock were disposed of in a tax-withholding transaction at $107.40 per share to cover obligations associated with the award. Following these transactions, Patel directly held 21,593 shares of Timken common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Hansal N.
Role
EVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,081 | $0.00 | -- |
| Tax Withholding | Common Stock | 323 | $107.40 | $35K |
Holdings After Transaction:
Common Stock — 21,916 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Timken (TKR) report for Hansal N. Patel?
Timken reported that EVP, GC and Secretary Hansal N. Patel received 1,081 shares of common stock from vesting performance-based restricted share units, then had 323 shares withheld to cover taxes, leaving him with direct ownership of 21,593 Timken common shares after the transactions.
What is the nature of the equity award reported for Timken (TKR) executive Hansal N. Patel?
The equity award represents shares issued upon vesting of performance-based restricted share units originally granted to Hansal N. Patel on February 9, 2023. When those units vested on February 9, 2026, they converted into 1,081 shares of Timken common stock reported as an acquisition.
Did Hansal N. Patel’s Timken (TKR) Form 4 involve derivative securities?
No derivative securities were reported in this Form 4 excerpt. The filing only shows non-derivative common stock transactions: an acquisition of 1,081 shares from vesting restricted share units and a related 323-share tax-withholding disposition, both held under direct ownership following the transactions.