Timken EVP reports stock award and tax withholding
Timken executive Hansal N. Patel reported equity compensation and related tax withholding transactions in company stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,081 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 323 | $107.40 | $35K |
Footnotes (1)
- F1. Represents award of shares pursuant to vesting of performance-based restricted share units granted on February 9, 2023.
FAQ
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What insider transactions did Timken (TKR) report for Hansal N. Patel?
What is the nature of the equity award reported for Timken (TKR) executive Hansal N. Patel?
Did Hansal N. Patel’s Timken (TKR) Form 4 involve derivative securities?
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