Timken (NYSE: TKR) CFO receives stock awards and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timken EVP and CFO Michael Anthony Discenza reported equity compensation changes. On February 12, 2026, he acquired 1,510 shares of common stock at $0 from vesting performance-based restricted share units, while 421 shares were disposed of at $108.74 to cover tax obligations.
He also received new derivative awards: 5,475 time-based restricted share units that vest 25% per year and 8,200 performance-based restricted share units tied to performance between January 1, 2026 and December 31, 2028. Following these transactions, he directly held 17,585 common shares, plus the newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Discenza Michael Anthony
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 5,475 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 8,200 | $0.00 | -- |
| Grant/Award | Common Stock | 1,510 | $0.00 | -- |
| Tax Withholding | Common Stock | 421 | $108.74 | $46K |
Holdings After Transaction:
Restricted Share Unit — 5,475 shares (Direct);
Common Stock — 18,006 shares (Direct)
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 5,475 time-based restricted share units that vest 25% per year. Grant of 8,200 performance-based restricted share units subject to certain performance criteria between January 1, 2026 and December 31, 2028.
FAQ
What insider transactions did Timken (TKR) report for its CFO?
Timken’s EVP and CFO Michael Anthony Discenza reported equity awards on February 12, 2026. He received 1,510 common shares from vested performance units, had 421 shares withheld for taxes, and was granted 5,475 time-based and 8,200 performance-based restricted share units.
What stock awards did Timken (TKR) grant its CFO on February 12, 2026?
On February 12, 2026, Timken granted its CFO 5,475 time-based restricted share units and 8,200 performance-based restricted share units. The time-based units vest 25% per year, while the performance-based units depend on specified performance criteria between January 1, 2026 and December 31, 2028.