Timken (TKR) EVP receives common stock and new RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timken executive Karl Andreas Roellgen, EVP & President of Engineered Bearings, reported equity grants and a vesting event in company stock. On February 12, 2026, he acquired 7,053 shares of common stock at $0 upon vesting of previously granted performance-based restricted share units.
He also received 5,175 time-based restricted share units that vest 25% per year and 7,750 performance-based restricted share units tied to performance between January 1, 2026 and December 31, 2028. Following these awards, he directly owned 96,764 common shares and indirectly held 4,818 shares through a TESOP, plus the newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Roellgen Karl Andreas
Role
EVP&Pres. Engineered Bearings
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 5,175 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 7,750 | $0.00 | -- |
| Grant/Award | Common Stock | 7,053 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 5,175 shares (Direct);
Common Stock — 96,764 shares (Direct);
Common Stock — 4,818 shares (Indirect, TESOP)
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 5,175 time-based restricted units that vest 25% per year. Grant of 7,750 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
What insider transaction did Timken (TKR) report for Karl Andreas Roellgen?
Timken reported equity awards and a vesting event for EVP Karl Andreas Roellgen. On February 12, 2026, he acquired 7,053 common shares at $0 from vested performance-based units and received new grants of time-based and performance-based restricted share units.
Were Karl Andreas Roellgen’s Timken (TKR) stock acquisitions open-market purchases?
The reported acquisitions were not open-market purchases. The 7,053 common shares resulted from vesting of previously granted performance-based restricted share units, and the additional 5,175 and 7,750 units were granted as new restricted share unit awards at a price of $0.
What is the vesting schedule for Karl Andreas Roellgen’s time-based RSUs at Timken (TKR)?
The time-based restricted share units vest gradually over four years. The grant of 5,175 time-based units vests at a rate of 25% per year, providing Roellgen with annual increments of vested shares if he remains eligible under the plan.
What performance period applies to Karl Andreas Roellgen’s performance-based RSUs at Timken (TKR)?
The 7,750 performance-based restricted share units are tied to a defined performance window. The units are subject to performance criteria measured between January 1, 2026 and December 31, 2028, with outcomes determining eventual vesting into common shares.