Director at Timken (NYSE: TKR) granted 2,270 deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timken director Elizabeth Ann Harrell reported an acquisition of 2,270 shares of common stock as a compensation grant. The footnotes explain this represents the vesting of 100% of time-based restricted share units granted on May 2, 2025, with no purchase price. Harrell elected to defer receipt of these shares under Timken’s deferred compensation plan for directors, so delivery will occur at a later date. After this award and including 96 shares received through dividend investment in 2025, her directly reported holdings total 20,294 shares of Timken common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrell Elizabeth Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,270 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,294 shares (Direct, null)
Footnotes (1)
- Represents vesting of 100% of the time-based restricted share units granted on May 2, 2025. The reporting person has elected to defer the receipt of such shares until a later date under the issuer's deferred compensation plan for directors. Includes 96 shares received through dividend investment in 2025.
Key Figures
Shares granted: 2,270 shares
Award price: $0.0000 per share
Holdings after transaction: 20,294 shares
+1 more
4 metrics
Shares granted
2,270 shares
Vesting of time-based restricted share units granted May 2, 2025
Award price
$0.0000 per share
Reported transaction price for compensation grant
Holdings after transaction
20,294 shares
Total Timken common shares directly held after the award
Dividend investment shares
96 shares
Shares received through dividend investment in 2025
Key Terms
time-based restricted share units, deferred compensation plan, dividend investment, grant, award, or other acquisition
4 terms
deferred compensation plan financial
"defer the receipt of such shares until a later date under the issuer's deferred compensation plan for directors."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend investment financial
"Includes 96 shares received through dividend investment in 2025."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Timken (TKR) director Elizabeth Ann Harrell report?
Elizabeth Ann Harrell reported acquiring 2,270 Timken common shares as a grant from vested time-based restricted share units. The award is compensation, not an open-market purchase, and increases her reported direct holdings to 20,294 shares including prior dividend investment shares.